Net Asset Value (NAV)
Net Asset Value is the market value of the assets of the scheme minus its liabilities. The per unit NAV is the net asset value of the scheme divided by the number of units outstanding on the Valuation Date.
Sale Price
Is the price you pay when you invest in a scheme.
Mutual funds have their drawbacks and may not be for everyone:
No Guarantees: No investment is risk free. If the entire stock market declines in value, the value of mutual fund shares will go down as well, no matter how balanced the portfolio. Investors encounter fewer risks when they invest in mutual funds than when they buy and sell stocks on their own.
Should you be investing in Indian IT companies when the rupee seems to be appreciating everyday? Is the boom over? Which companies should you be looking at?
Indian IT firms are still growing at breakneck speed. They earned nearly $50 billion this year, and grew over 40%.
For all you NRIs that are looking to buy a home or a flat in a fancy apartment complex or any other type of real estate in India, here are the documents that you would need.
Identity
You can establish your identity through copies of passports, birth/school leaving certificates, driver’s license or organizational identity/labor cards.
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