Understanding Net Asset Value (NAV)
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Understanding Net Asset Value (NAV)
In the previous video, we learned about the structure of an asset management company (AMC) and how a mutual fund scheme works. Let's say, you decide to start investing in a mutual fund scheme, the units will be allotted to you at a specific price. This price is called the Net Asset Value (NAV). The NAV of a mutual fund scheme represents the ...
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