Busting The Investment Myths

Recalling my initial days of entering into investments in 2000, I used to face a lot of questions from my clients regarding mutual funds. Over the years, the awareness has increased on both sides— my clients and for me as well. Therefore, the questions have become more logical and so have my answers. However, having said that I realised that there are still some myths regarding investments and I will try to address some common ones this time. NAV of a fund is important for making a choice Many people consider a fund with lower Net Asset Value (NAV) to be better. However, the NAV does not have any relevance to the fund performance and returns. A fund having similar returns with a longer vintage will obviously have a higher NAV than the one with lesser vintage. This doesn’t make the lower NAV fund better. This is not the right time to start an investment There is no right or...