What Are The Benefits of Axis Mutual Fund NAV?

What is a mutual fund NAV?

When an investor invests in a long term investment meant for high returns, and the interest depends on the SIP rate of the market. The NAV is calculated as the assets minus liabilities divided by the number of outstanding units. Generally, NAV is dependent on the SIP rate. Axis mutual fund NAV offers many schemes related to the Net Asset Value for the investors who.

Axis Long Term Equity Fund

This scheme invests the money in equity instruments to get high returns. The maximum returns it gets in the 5-year return plan is 11.93 %. Axis mutual fund NAV usually invests in companies with strong growth and sustainable business. The rest of the investment was on the debt instruments such as government securities and company debentures. This provides low risks in the investment of mutual fund NAV. As suggested in the name it is a long term investment because of the maximum returns it promises. The SIP rate of the stocks keep on changing and gave higher risk in the investment. It uses diverse equity and debt instruments for the security of the investment to reduce the risks. Those instruments in which the investor's money invested in are stock, bond, debts, treasury bills, debentures, etc.

Open-ended Mutual fund

In this type of mutual fund, NAV plays a crucial role in deciding the interests and shares of the fund. As the funds are not invested between investors but issued the fund by each new investor, this gives the fair proportion of the share to each investor using NAV. One can not withdraw in between from the fund it is a long term mutual fund. The NAV decides the shares and interest of each shareholder.

Closed-ended Mutual fund

It is totally opposite of the open-ended fund as the shares and interest are decided by the investors and no new investor issue the interest. The return rates are decided by the investors and there is no role of NAV in closed-ended mutual funds.

How to get online Axis mutual fund NAV?

Wishfin an online financial market place helps you to make the right decision in Mutual fund NAv. The net asset value will provide the appropriate returns to your investment in mutual fund.

You just need to follow these steps for mutual fund NAV.

• Go to www.wishfin.com
• Click on ‘Mutual Funds’.
• Go to ‘Register’.
• Enter your Mobile Number
• Click on ‘Get started’.
• Mention your name, email id, and city you currently live in.
• Create a password taking a cue from the instructions shown on the page.

Your account will be created after entering a few more details.

After Login into the Account:

• Go to ‘Explore Mutual Funds’ 
• Click on the ‘Hybrid’ option.
• A list of hybrid funds with different ratings, denoted with stars, will come on the screen.
• Click on the ‘Invest’ below any of the top-notch hybrid mutual fund schemes you like to invest in.

Note: The data is sourced from Value Research as on August 30, 2019.

Disclaimer – “Mutual fund investments are subject to market risks. Please read the scheme document carefully before investing”.