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Another alternative to buying mutual fund .

opagarwal's picture
Submitted by opagarwal on November 25, 2009 - 05:27

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Submitted by opagarwal on November 25, 2009 - 05:30. #

NSE is starting a service for trading mutual fund on NSE platform. Service begins from this Monday. This means investors who want to buy these mutual fund don't need to go to a sub broker or fund distributor but it will be able to get it directly from NSE.

How these fund will be priced ? I think it will be based on NAV of previous day , similar to buying an open ended scheme from AMC.

Is it a trading of MF ? NO . I think fund price will not change during the day. remember these are close ended exchange traded fund. These are open ended funds hence you are buying or selling directly with AMC and not with other investors.

http://www.business-standard.com/india/news/trade-mfsnsemonday/377549/

 

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