NAV (Net Asset Value) represents the per-unit value of a mutual fund. It is calculated as: NAV= (Total Assets - Total Liabilities​) / Number of Units

Benefits of Mutual funds are: Diversification: Reduces risk by investing in a mix of assets. Professional management: Managed by experts with market experience. Liquidity: Easy to buy and sell. Accessibility:…

Equity Funds: Invest primarily in stocks. Debt Funds: Focus on fixed-income securities like bonds. Hybrid Funds: Combine equity and debt for balanced returns. Index Funds: Track a market index like…