Key investment metric

What is Net Asset Value? The Net Asset Value (NAV) is typically used in the context of mutual funds and exchange traded funds. NAVs offer a transparent way to arrive at a value for a fund. The value to the investor is arrived at on a per-unit basis. Why is it necessary? When you invest in a mutual fund, you […]

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Goldman Sachs, Point72 and others invest $44 mln in business credit startup Nav

NEW YORK, Feb 11 (Reuters) – Nav, a startup that gives small businesses free access to their credit reports, said on Monday that it had raised $44 million from investors including Goldman Sachs Group Inc, Point72 Ventures and Experian Ventures. CreditEase Fintech Investment Fund and Aries also participated in the round which was led by Goldman Sachs, the companies said. […]

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The 4 Best International Equity Index Mutual Funds

Foreign stocks represent an attractive option for investors who wish to diversify their portfolios. However, these equities carry their own special risks, ranging from currency-related to political, and can pose liquidity and due diligence problems for retail investors. Index mutual funds that are global in scope and follow a passive investment approach provide cost-effective means of investing overseas. Here are […]

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Now, ICICI Prudential MF is under Sebi lens

Sebi had also ordered the fund house to compensate investors who had redeemed their units since the date of allotment of shares in the I-Sec IPO. ICICI Prudential Mutual Fund has started the process of crediting back to the five schemes that had invested Rs 240 crore in ICICI Securities on the last day of the latter’s Initial Public Offer […]

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