15 November 2008
Dear experts, In open ended scheme the no of units will always fluctuates. When there is channg in no there may be change in unit value(NAV etc.)
Then is it not effect the already existing unit holders(their worth)?
15 November 2008
ur units get fluctuated bcause of daily dividend given by the mutual fund company. Dividend is very small, but it adds to ur units & then that is divided with that day's NAV to find Net worth of that portfolio
CAclubindia
