Mutual Funds Day 12: Units
The quantity of Mutual Funds allocated to you is called Units. In the last chapter we learned about NAV, we will understand the units allocated based on an example. Suppose you have a MF SIP of Rs25000 every month. The NAVs for these 3 months were January — 1141.42 February — 1171.64 March — 1082.22 We can calculate the units allocated…