Unit Investment Trusts

Collective Investment Fund

What is a Collective Investment Fund (CIF)?

An example of a pooled investment vehicle is a Collective Investment Fund (CIF), which enables several participants to pool their money and use it to purchase stocks, bonds, and other assets. A team of managers or a professional investment manager oversees CIFs, making choices about investments on behalf of the fund’s investors. While they may …

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What is NAV_Net Asset Value

What is NAV? Calculation of NAV ! (Net Asset Value)

What is NAV?A new MF investor would like to know about the NAV in a mutual fund. NAV (Net Asset Value) means the unit price of one mutual fund scheme. MFs are purchased and sold on NAV. Unlike prices of shares that change constantly during hours of trading, NAV gets calculated on the daily basis, …

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