Investing is not just about parking some money in a particular investment fund. It is about understanding everything that a financial product would involve. When investing in mutual funds, one term that you will frequently come across is NAV (Net Asset Value). Understanding NAV is crucial for any mutual fund investor as it helps in assessing the value of their investment and making informed decisions.NAV is typically calculated at the end of each business day after the market closes. This daily calculation provides a snapshot of the fund’s value, which fluctuates based on the performance of your investment assets. Now let us understand the concept first and then simplify it!
Beyond college funds: Why parents need to invest for a skills-first future
Read More
