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How to Invest in Mutual Funds: 5 Steps

How to Invest in Mutual Funds: 5 Steps
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NAV: What is the difference between NAV and stock price?

NAV or net asset value is the price at which investors are allotted units from a fund house or the price at which they can sell it back to the fund house. This is calculated by dividing the total value of all the assets in a portfolio, minus all its liabilities. ....

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Mutual Funds | IIFL Knowledge Center

Mutual Fund Basics

A mutual fund is a pool of investments by different investors who share a common objective. This pool is managed by a fund manager who then invests these collective funds in different securities and shares in the market.

The Manager invests the funds with an attempt to grow and appreciate the money over time. The income/ gains from the investment are divided proportionately among the investors after deducting the applicable charges. ....

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