open ended scheme of mutual fund
This query is : Resolved
15 November 2008
Dear experts,
In open ended scheme the no of units will always fluctuates.
When there is channg in no there may be change in unit value(NAV etc.)
Then is it not effect the already existing unit holders(their worth)?
Let me know the background system behind this.
In open ended scheme the no of units will always fluctuates.
When there is channg in no there may be change in unit value(NAV etc.)
Then is it not effect the already existing unit holders(their worth)?
Let me know the background system behind this.
15 November 2008
Open ended scheme means U can sell or buy MF Units in open market like sahres.
Number of units will fluctuate or not depends on scheme U choose llike daily dividend scheme....
Number of units will fluctuate or not depends on scheme U choose llike daily dividend scheme....
15 November 2008
What is Daily dividend scheme?
please tell in brief.
please tell in brief.
15 November 2008
ur units get fluctuated bcause of daily dividend given by the mutual fund company. Dividend is very small, but it adds to ur units & then that is divided with that day's NAV to find Net worth of that portfolio
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