GreenFunds 0 0

Module 8 of 12 · 16 min

NAV, loads and the daily price

How the number you see is set. Everything here is free. Work through the lessons in order, or jump to the one you need.

4 lessons in this module

What you will cover

1 How NAV is set What NAV really is, and why a high NAV is not 'expensive'. ⏱ 5 min · 5 practice Q
2 Which day's NAV you gettrickiest How the cut-off time, and when your money is actually available, decide which day's NAV applies, for both purchases and redemptions. ⏱ 8 min · 5 practice Q
3 What you pay to get in and out The price you buy and sell at, and how an exit load bites. ⏱ 5 min · 5 practice Q
4 What a fund can chargetrickiest The Total Expense Ratio, how SEBI caps it, the fixed limits for index funds and fund-of-funds, and the extras a scheme may add. ⏱ 7 min · 5 practice Q

Start this module → A full module mock test is part of premium.

NISM V-A modules

1 The investment landscape 2 What a mutual fund really is 3 How a fund is built 4 Who watches over it 5 The offer document, decoded 6 Getting funds to investors 7 Selling the right way 9 NAV, loads and the daily price 10 Types of schemes, and picking one 11 Return, risk and performance 12 How gains are taxed 13 Serving the investor See the full roadmap →