Abhi Walk of Life

NAV of Mutual fund is a  per share market value of a fund. It is the price at which the buyer buys shares from a fund company and it is the price at which the seller of the mutual funds sells back to a fund company. Net Asset Value     =  (Market value of Investments +Assets - Liabilities Assets =  Interest + Dividends Example:  Investor have bought 20 crore units of a mutual fund scheme at Rs.10 each. An amount of Rs.140 crore, invested in equities, has appreciated by 10%. The balance of amount of Rs. 10 crore, mobilized from investors was placed in Debt market. Interest and Dividend received by the Scheme is Rs. 8 crore. Scheme expenses paid is Rs.4 crore, while a further expense of Rs. 1 crore is payable.  Calculate NAV of the scheme?  Net Asset Value    =  (Market value of Investments +Assets - Liabilities Equity: Rs.140 crore Profit in Equity: 10% of 140 which is 140*10/100 which is equal to Rs. 14 crore. Investment in Debt : R...

                                                 International Women’s Day on 8 th March   International Women’s Day is celebrated on 8 th March. It was first celebrated in the year 1911. Industrialization population expansion and changing economic – cultural - climatic condition brought changes in the woman movement for rights. Women movement started with demands education, shorter working hours, higher pay, right to vote, maternity leave, child care facility, there are 195 countries in the world, with 7.9 billion population in the year 2021, the female population in the world was 49.6%. Over the decades the female population of world was declining.   Education, Child Marriage, Religious Bias and restrictions, sentiments are the hurdles ...