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Showing posts from March 19, 2011

Mutual Funds Mythbuster

Hello , My Blog Readers, there's a surprise for you, now i have a very special writer associated with me in detailing experiences further. The author is Ramalingam K, an MBA (Finance) and Certified Financial Planner. He is the Founder and Director of Holistic Investment Planners (www.holisticinvestment.in) a firm that offers Financial Planning and Wealth Management. Mr. RK is one of the ace writers in different newspapers and websites(rediff.com) , he has a vast experience across different financial areas and is one of the best financial advisors we have in business today. Here goes his article: Mutual Funds Mythbuster Rahul is working for a mutual fund house. They have recently came out with an NFO (new fund offer). The day on which the fund house announced its maiden NAV (net asset value), he received lot of calls from investors asking why the NAV is at below par. They thought something was wrong. Then Rahul went on clarifying them that though both an equity fund and