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Mutual Fund NAVs – Ignore Them!

Mutual Fund NAVs are often confused by new as well as old investors.

Mutual Fund Agent to Client: “The New Fund Offer (NFO) is priced at Rs. 10/-. It is Cheap! Buy! Buy! Buy!”

Mutual Fund Investor:

“Is it advisable to buy mutual funds with a high NAV?”

“Mutual Fund ABC has a [...]