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NAV Corner
Net Asset Value is the worth, in market terms, for each unit of the fund. It is calculated as the market value of all investments in the fund less liabilities and expenses divided by the outstanding number of units in the fund. Most schemes announce their NAVs on a daily basis.
Know Your Client: KYC is compulsory for investments of Rs. 50,000 and above wef 1st Feb 2008, PAN is compulsory for all investments wef 1st Jan 2008
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