4 articles
Net Asset Value (NAV) in Indian mutual funds represents the per-unit market value of a scheme’s portfolio, calculated daily as per SEBI regulations. This metric directly impacts investor returns, as demonstrated by daily fluctuations and redemption values.
Verifying a mutual fund distributor's ARN and understanding commissions is critical in India. Direct plans typically offer 0.50-1.10% lower TER, directly impacting investor returns over time.
NISM V-A Chapter 4 carries 10 marks and covers SEBI, AMFI, KYC, PMLA. Master this crucial regulatory framework for reliable NISM exam success in India.
NISM Series V-A certification is mandatory to legally distribute mutual funds in India & earn an ARN. Clear with 50% marks for your AMFI Registration Number.