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Pocket Money - SEBI Investor Awareness Website - Securities and ...

Pocket Money - SEBI Investor Awareness Website - Securities and ...

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What is <strong>SEBI</strong>:In India, <strong>SEBI</strong> (<strong>Securities</strong> Exchange Board of India) isthe body for protecting the interest of the investors in mutualfunds <strong>and</strong> other kinds of securities in the stock market.In India all mutual funds must be registered with <strong>SEBI</strong>.USE NAV TO NAVIGATETheory-WiseNAV: Net AssetValue is the totalmarket value of theshares in which themutual fund hasinvested its moneypool.Theory-WiseWhat does NAV st<strong>and</strong> for?________________________________________________________________________________________________________________What does upward/downward movement of the NAV of a fundindicate?________________________________________________________________________________________________________________Charges for going mutualWhat are the charges that you have to pay if you want to investin Mutual Funds?Entry/Exit Load: ALoad is a charge,which the mutual fundcollects on entry <strong>and</strong>/or exit from a fund.A load is charged tocover the cost incurredby the mutualfund when it buys orsells shares in thestock market.Theory-WiseNAV NAVper unit =no of unitsoutst<strong>and</strong>ing(1) ________________________________________________(2) ________________________________________________69

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