Mirae Asset Tax Saver Fund aims to invest in equity and equity related instruments across market capitalization, themes and investment styles with an aim to generate long-term appreciation and wealth while providing tax savings under section 80C of the Income Tax Act. Our website employs cookies to collect anonymous information in order to offer you the best browsing experience and allow us to better understand how you navigate the site. You can modify your cookie settings at any time. Fund in Focus Mirae Asset Tax Saver Fund An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit Mirae Asset Tax Saver Fund aims to invest in equity and equity related instruments across market capitalization, themes and investment styles with an aim to generate long-term appreciation and wealth while providing tax savings under section 80C of the Income Tax Act.
How should a mutual fund investor interpret Net Asset Value - The Economic Times
Net asset value NAV represents a fund's per share market value. It is the price at which investors buy "bid price" fund shares from a fund company and sell them "redemption price" to a fund company. It is derived by dividing the total value of all the cash and securities in a fund's portfolio, less any liabilities, by the number of shares outstanding. A NAV computation is undertaken once at the end of each trading day based on the closing market prices of the portfolio's securities. The total value figure is important to investors because it is from here that the price per unit of a fund can be calculated.
Tax Saving Plan. Young India Plan. Updated on Nov 14, - PM. When opting for a mutual fund , investors often give too much importance to its past returns. They forget to ask the crucial question — how much is the mutual fund worth?
Note: Top Gainer - Nifty 50 More. Note: Top Loser - Nifty 50 More. Expiry Dt: More. RMF offers investors a well-rounded portfolio of products to meet varying investor requirements and has presence in cities across the country. Reliance Mutual Fund constantly endeavors to launch innovative products and customer service initiatives to increase value to investors.