Q.
NAV of most of the mutual funds are far below their issued price. Any hope for their revival in the present context?
Asked by Good Citizen,
27 Dec '11 11:38 am
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Answers (3)
1.
Noway...All economic issues are bulldozed by political gimmicks....Hard workers are participating the March of Anna Hazare..and we all know what will be the outcome...Change management do not require mass movement at the cost of growth/ progress all taking back seat. More focus will be on election rather than anything else. Have patience and let this phase pass peacefully.
Answered by Mohammed asim nehal, 27 Dec '11 11:47 am
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2.
NAV of mutual funds fluctuates with the market indices in tandem. Hence, its nav will improve when the market goes up.
Answered by Dharmarajan, 27 Dec '11 11:46 am
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3.
Appears remote. Unless the share market bounces back to health, NAVs won't go up, as most funds have equity exposure. Even the other investments made by the MFs are also not performing that well - as a direct consequence of market sentiments.
It will take a while to retrieve the lost ground.
[By the way - good to bump into you after a very long time :-))]
Answered by S. Ramesh, 27 Dec '11 11:42 am
It will take a while to retrieve the lost ground.
[By the way - good to bump into you after a very long time :-))]
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