Depending on what time you submit your application and money with Mutual Fund Company, you will be allotted the suitable day’s NAV. Cut –off time in mutual fund scheme determines what Net Asset Value (NAV) you get to buy or sell units of your mutual fund schemes.
If you have invested in multiple mutual fund schemes with several asset management companies (AMCs), you would been probably frustrated with the amount of paperwork involved and keeping track of multiple MF schemes.
Mutual funds are one of the most common investment options today. Recently, however, there's been an upsurge in interest in another financial product—Unit-Linked Insurance Plans, better known as ULIPs. Here's how they are different.
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