Mutual Fund NAV – Who Computes it and how is it Computed?

Tax Saving Mutual Funds Online

Current open Infra Bond Application form

 

The fund management charges and exit load are the only way an asset management company (AMC) earns there is no other source of income. Exit load is actually a misnomer, as the load kicks in depending on the time you stay invested in the fund. For instance, funds charge an exit load depending on the time you stay invested in a fund. These loads are capped at 4 per cent and the regulatory mechanism enforces that only up to the first one per cent goes to the AMC with the rest being re-invested in the fund.

 

The responsibility of calculating and verifying the NAV rests with the AMC, with scrutiny by the market regulator SEBI and compliance mechanism within the AMC to ensure the NAV is calculated correctly. There are stated and well documented mechanisms to arrive at the value of the assets in which the fund has invested in while arriving at the NAV. For instance, a high investment in a small company may not cost the fund a lot of money, however, when the fund decides to offload its stake; the market value of such a stock for want of takers may fall steeply which can impact the value of the stock. There are also ways in which illiquid securities are valued when arriving at the NAV which are all well documented and regulated. If your concern is about an AMC incorrectly arriving at the NAV; it is highly unlikely.

 

---------------------------------------------

Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

 

Invest Tax Saving Mutual Funds Online

Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

 

Download Tax Saving Mutual Fund Application Forms from all AMCs

Download Tax Saving Mutual Fund Applications

 

These Application Forms can be used for buying regular mutual funds also

 

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

1. HDFC TaxSaver
2. ICICI Prudential Tax Plan
3. DSP BlackRock Tax Saver Fund
4. Birla Sun Life Tax Relief '96
5. Reliance Tax Saver (ELSS) Fund
6. IDFC Tax Advantage (ELSS) Fund
7. SBI Magnum Tax Gain Scheme 1993
8. Sundaram Tax Saver

---------------------------------------------

Application form for Tax Saving Infrastructure Bond and more information

Current open Infra Bond Application form

 

Submit filled up application    Collection canter near you

 

 

------------------------------------------------
How to apply to IRFC Bonds?

Apply for IRFC Tax Free Bonds forms below

Download IRFC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

------------------------------------------------
How to apply to HUDCO Bonds?

Apply for HUDCO Tax Free Bonds forms below

Download HUDCO Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you

 

------------------------------------------------
How to apply to REC Bonds?

Apply for REC Tax Free Bonds forms below

Download REC Tax Free Bond Application Forms

Submit the filled up form to Collection canter near you