Monday, 22 June 2015

How much profit would you earn in a mutual fund?

Some gain higher returns, some get thousands while others millions. It really depends upon the fund invested, the period it is invested and the performance of the fund.

Income or losses are computed via NAVPS (Net Asset Value Per Share) from the time you opened your account to the time you closed or redeem.


 


Apparently, the higher the investment and the longer it is invested, the higher the return or profit. It is recommended to invest in long term.

It is also recommend to check the past performances of the mutual funds so you know which one performs better.

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