Funds & Schemes
Investing in a mutual fund can be a lot easier than buying and selling individual stocks and bonds on your own. Investors can sell their shares when they want and that’s why one of the main advantages of mutual funds is that they give small investors access to professionally managed, diversified portfolios of equities, bonds and other securities, which would be quite difficult to create with a small amount of capital. Each shareholder participates proportionally in the gain or loss of the fund. Mutual fund units or shares are issued and can typically be purchased or redeemed as needed at the fund's current net asset value (NAV) per share, which is also termed as NAVPS.