Business

A ₹10 mutual fund looks cheap. It isn’t. Why NAV can fool investors

livemint.com 3 h

India

A ₹10 mutual fund looks cheap. It isn’t. Why NAV can fool investors — Sources: livemint.com

A new fund's ₹10 unit price can make it look cheaper than established funds, but NAV has no bearing on returns. The illusion is especially powerful when first-time investors enter the market.

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