Please guide me on the following noted points; 1. In which month from 23.4.2018 onward to invest in ELSS in a mutual fund when lowest NAV will be available, 2. In which month from 23.4.2018 onward to invest in Balanced Fund in a mutual fund when lowest NAV will be available, 3. In which month from 23.4.2018 onward to invest in Diversified Equity in a mutual fund when lowest NAV will be available. Expecting your cooperation?
Sorry to say you are asking about an impossible thing. No one in the mutual fund industry in India has this answer, i.e. predicting when the lowest NAV in a mutual fund scheme will be available.
Please note that NAVs are declared every day post closure of the stock markets, therefore, there is no scope of predictability of the same.
We at Advisorkhoj, believe that, investors should invest in mutual funds based on their risk taking appetite, investment objective and the time horizon.
Please read the following to clear your doubts -
https://www.advisorkhoj.com/miraeasset/what-is-mutual-fund-net-asset-value
https://www.advisorkhoj.com/sbimf/demystifying-mutual-fund-myths
Hope the above helps ! Thanks for writing to us !!
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