{"id":24432,"date":"2022-05-30T16:11:29","date_gmt":"2022-05-30T16:11:29","guid":{"rendered":"https:\/\/www.5paisa.com\/finschool\/?post_type=markets&#038;p=24432"},"modified":"2024-08-02T18:12:10","modified_gmt":"2024-08-02T12:42:10","slug":"mutual-fund-myths","status":"publish","type":"markets","link":"https:\/\/www.5paisa.com\/finschool\/course\/financial-planning-through-mutual-funds-course\/mutual-fund-myths\/","title":{"rendered":"Mutual Fund Myths Explained In Detail"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"24432\" class=\"elementor elementor-24432\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9e59cf9 elementor-section-full_width tab_container elementor-section-height-default elementor-section-height-default\" data-id=\"9e59cf9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div 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data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\">\t<script>\n\t\tjQuery(document).ready(function(){\n\t\t\tjQuery(\"#post_chapters a[href*='\" + location.pathname + \"']\").addClass(\"current\");\n\t\t})\n\t<\/script>\n\t<div class=\"desktop_chapters\"><div id=\"post_chapters\"><div class=\"post_chapters-heading\">Chapters<\/div><ul><li><i class=\"fa fa-chevron-right\"><\/i>&nbsp;&nbsp;&nbsp;<a href=\"https:\/\/www.5paisa.com\/finschool\/course\/financial-planning-through-mutual-funds-course\/introduction-to-mutual-funds\/\">Introduction To Mutual Funds<\/a><\/li><li><i class=\"fa fa-chevron-right\"><\/i>&nbsp;&nbsp;&nbsp;<a href=\"https:\/\/www.5paisa.com\/finschool\/course\/financial-planning-through-mutual-funds-course\/funding-your-financial-plans\/\">Funding Your Financial Plans<\/a><\/li><li><i class=\"fa fa-chevron-right\"><\/i>&nbsp;&nbsp;&nbsp;<a href=\"https:\/\/www.5paisa.com\/finschool\/course\/financial-planning-through-mutual-funds-course\/reaching-your-financial-goals-with-mutual-funds\/\">Reaching Your Financial Goals<\/a><\/li><li><i class=\"fa fa-chevron-right\"><\/i>&nbsp;&nbsp;&nbsp;<a href=\"https:\/\/www.5paisa.com\/finschool\/course\/financial-planning-through-mutual-funds-course\/understanding-money-market-fund\/\">Understanding Money Market Fund<\/a><\/li><li><i class=\"fa fa-chevron-right\"><\/i>&nbsp;&nbsp;&nbsp;<a href=\"https:\/\/www.5paisa.com\/finschool\/course\/financial-planning-through-mutual-funds-course\/understanding-bond-funds\/\">Understanding Bond Funds<\/a><\/li><li><i class=\"fa fa-chevron-right\"><\/i>&nbsp;&nbsp;&nbsp;<a href=\"https:\/\/www.5paisa.com\/finschool\/course\/financial-planning-through-mutual-funds-course\/understanding-stock-funds\/\">Understanding Stock Funds<\/a><\/li><li><i class=\"fa fa-chevron-right\"><\/i>&nbsp;&nbsp;&nbsp;<a href=\"https:\/\/www.5paisa.com\/finschool\/course\/financial-planning-through-mutual-funds-course\/know-what-your-fund-owns\/\">Know What Your Fund Owns<\/a><\/li><li><i class=\"fa fa-chevron-right\"><\/i>&nbsp;&nbsp;&nbsp;<a href=\"https:\/\/www.5paisa.com\/finschool\/course\/financial-planning-through-mutual-funds-course\/understanding-the-performance-of-your-fund\/\">Understanding The Performance Of Your Fund<\/a><\/li><li><i class=\"fa fa-chevron-right\"><\/i>&nbsp;&nbsp;&nbsp;<a href=\"https:\/\/www.5paisa.com\/finschool\/course\/financial-planning-through-mutual-funds-course\/understand-the-risks\/\">Understand The Risks<\/a><\/li><li><i class=\"fa fa-chevron-right\"><\/i>&nbsp;&nbsp;&nbsp;<a href=\"https:\/\/www.5paisa.com\/finschool\/course\/financial-planning-through-mutual-funds-course\/know-your-fund-manager\/\">Know Your Fund Manager<\/a><\/li><li><i class=\"fa fa-chevron-right\"><\/i>&nbsp;&nbsp;&nbsp;<a href=\"https:\/\/www.5paisa.com\/finschool\/course\/financial-planning-through-mutual-funds-course\/assess-the-cost\/\">Assess The Cost<\/a><\/li><li><i class=\"fa fa-chevron-right\"><\/i>&nbsp;&nbsp;&nbsp;<a href=\"https:\/\/www.5paisa.com\/finschool\/course\/financial-planning-through-mutual-funds-course\/monitoring-your-portfolio\/\">Monitoring Your Portfolio<\/a><\/li><li><i class=\"fa fa-chevron-right\"><\/i>&nbsp;&nbsp;&nbsp;<a href=\"https:\/\/www.5paisa.com\/finschool\/course\/financial-planning-through-mutual-funds-course\/mutual-fund-myths\/\">Mutual Fund Myths<\/a><\/li><li><i class=\"fa fa-chevron-right\"><\/i>&nbsp;&nbsp;&nbsp;<a href=\"https:\/\/www.5paisa.com\/finschool\/course\/financial-planning-through-mutual-funds-course\/important-documents-in-a-mutual-fund\/\">Important Documents In A Mutual Fund<\/a><\/li><\/ul><\/div><\/div><div class=\"chapters_toggle\" title=\"chapters\"><a title=\"chapters\" href=\"#\" id=\"open_chapters\"><span>View Chapters<\/span>&nbsp;&nbsp;&nbsp;<i class=\"fa fa-chevron-right\"><\/i><\/a><a title=\"chapters\" href=\"#\" id=\"close_chapters\" style=\"display:none;\"><span>Hide Chapters<\/span>&nbsp;&nbsp;&nbsp;<i class=\"fa fa-chevron-right\"><\/i><\/a><\/div>\t<script>\n\t\tjQuery(document).ready(function(){\n\t\t\tjQuery('.chapters_toggle #open_chapters').click(function(e){\n\t\t\t\te.preventDefault();\n\t\t\t\tjQuery('.desktop_chapters').css(\"left\",\"0px\");\n\t\t\t\tjQuery('#open_chapters').css(\"display\",\"none\");\n\t\t\t\tjQuery('#close_chapters').css(\"display\",\"block\");\n\t\t\t\t\/\/jQuery('.chapters_toggle').css(\"width\",\"200px\");\n\t\t\t})\n\t\t\tjQuery('.chapters_toggle 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<div data-scroll-on-click=\"no\" data-scroll-speed=\"300\" id=\"eael-advance-tabs-8788adc\" class=\"eael-advance-tabs eael-tabs-horizontal eael-tab-auto-active \" data-tabid=\"8788adc\">\n            <div class=\"eael-tabs-nav\">\n                <ul class=\"eael-tab-inline-icon\" role=\"tablist\">\n                                            <li id=\"study\" class=\"active-default eael-tab-item-trigger eael-tab-nav-item\" aria-selected=\"true\" data-tab=\"1\" role=\"tab\" tabindex=\"0\" aria-controls=\"study-tab\" aria-expanded=\"false\">\n                            \n                                                                <i class=\"far fa-edit\"><\/i>                                                            \n                                                            <span class=\"eael-tab-title title-after-icon\" >Study<\/span>                            \n                                                    <\/li>\n                                            <li id=\"slides\" class=\" eael-tab-item-trigger eael-tab-nav-item\" aria-selected=\"false\" data-tab=\"2\" role=\"tab\" tabindex=\"-1\" aria-controls=\"slides-tab\" aria-expanded=\"false\">\n                            \n                                                                <i class=\"fas fa-book-open\"><\/i>                                                            \n                                                            <span class=\"eael-tab-title title-after-icon\" >Slides<\/span>                            \n                                                    <\/li>\n                                            <li id=\"videos\" class=\" eael-tab-item-trigger eael-tab-nav-item\" aria-selected=\"false\" data-tab=\"3\" role=\"tab\" tabindex=\"-1\" aria-controls=\"videos-tab\" aria-expanded=\"false\">\n                            \n                                                                <i class=\"far fa-eye\"><\/i>                                                            \n                                                            <span class=\"eael-tab-title title-after-icon\" >Videos<\/span>                            \n                                                    <\/li>\n                                    <\/ul>\n            <\/div>\n            \n            <div class=\"eael-tabs-content\">\n\t\t        \n                    <div id=\"study-tab\" class=\"clearfix eael-tab-content-item active-default\" data-title-link=\"study-tab\">\n\t\t\t\t        <p><div class='white' style='background:rgb(255, 255, 255); border:solid 0px rgb(255, 255, 255); border-radius:0px; padding:0px 0px 0px 1px;'>\n<div id='text_slider' class='owl-carousel sa_owl_theme owl-pagination-true' data-slider-id='text_slider' style='visibility: visible;visibility:visible;'>\n<div id='text_slider_slide01' class='sa_hover_container' data-hash='Lower-NAV-is-cheaper' style='padding:4.9% 5%; margin:0px 0%; background-color:rgb(255, 255, 255); min-height:405px; '><h3 style=\"text-align: left;\"><strong><span style=\"color: #f1566d;\">13.1 Lower NAV is cheaper<\/span><\/strong><\/h3>\r\n<p>&nbsp;<\/p>\r\n<p><a href=\"http:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2022\/01\/Data-points-amico.svg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-17137 aligncenter\" role=\"img\" src=\"http:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2022\/01\/Data-points-amico.svg\" alt=\"\" width=\"500\" height=\"500\" srcset=\"https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Data-points-amico.svg 150w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Data-points-amico.svg 300w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Data-points-amico.svg 1024w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Data-points-amico.svg 1536w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Data-points-amico.svg 2048w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Data-points-amico.svg 500w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/a><\/p>\r\n<p>The most common myth that is prevalent among mutual fund investors is that of associating a scheme with a lower NAV being a better buy compared to a scheme with a higher NAV. This stems from the mind set of equating mutual fund units with equity shares of a company. NAV of a scheme is irrelevant and irrespective of whether we are investing into a fund having a low NAV or a fund with a higher NAV, the amount of investment remains the same.<\/p>\r\n<p>Let&#8217;s look at a hypothetical investment into two schemes A and B. Scheme A has a NAV of Rs 10 whereas scheme B has a NAV of Rs 200. If we make equal amount of investment of Rs. 1 lakh each in both the schemes. Scheme A would come across as a cheaper buy because we got 10,000 units as against 500 units in scheme B. Now, let us assume that both the scheme returns 10 % in a month. The NAV for scheme A is Rs 11 and Scheme B has a NAV of Rs 220. The value of your investment in both the case is Rs 1,10,000. Therefore, we see that the NAV of a scheme is irrelevant, as far as generating returns is concerned. The only difference being in case of the former, the investor gets more units and in the latter, he gets lesser units. For two schemes with identical portfolio and other things remaining constant, the difference in NAV will hardly matter and both the schemes will grow at the same rate.<\/p><\/div>\n<div id='text_slider_slide02' class='sa_hover_container' data-hash='Regular-dividends-means-good-performance' style='padding:4.9% 5%; margin:0px 0%; background-color:rgb(255, 255, 255); min-height:405px; '><h3 style=\"text-align: left;\"><strong><span style=\"color: #f1566d;\">13.2. Regular dividends means good performance<\/span><\/strong><\/h3>\r\n<h3 style=\"text-align: left;\"><img decoding=\"async\" width=\"500\" height=\"500\" class=\"aligncenter wp-image-17138 size-full\" role=\"img\" src=\"http:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2022\/01\/Presentation-rafiki.svg\" alt=\"\" srcset=\"https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 150w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 300w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 1024w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 1536w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 2048w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 500w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/h3>\r\n<p>Another popular myth which emerges due to the linkages we make between the concepts of a stock markets and mutual funds is the <strong>dividend payout mechanism<\/strong>.<\/p>\r\n<p>When a company pays dividend, in effect it is transferring acerta in portion of its surplus to its shareholders. Therefore a generous dividend payout policy could be considered favourable in case of a company. However, in case of mutual funds, dividends are declared out of the distributable surplus which is included in calculation of net asset value. In effect it is paying back a certain portion of net assets from our own investments. Therefore, dividends from mutual fund units don&#8217;t make us any richer, as there are no additional gains to be made. The NAV of the scheme falls to the extent of the dividend payout, when a scheme pays dividend. Thus, a scheme with a high dividend payout record does not necessarily mean that it is performing well. Dividend option may prove important to plan cash flows, especially in the case of tax savings scheme which have a lock-in period and also for tax incidence<\/p><\/div>\n<div id='text_slider_slide03' class='sa_hover_container' data-hash='Past-performers-are-the-best-funds-to-buy ' style='padding:4.9% 5%; margin:0px 0%; background-color:rgb(255, 255, 255); min-height:405px; '><h3 style=\"text-align: left;\"><strong><span style=\"color: #f1566d;\">13.3. Past Performers are Best to Buy<\/span><\/strong><\/h3>\r\n<h3 style=\"text-align: left;\"><img decoding=\"async\" width=\"500\" height=\"500\" class=\"aligncenter wp-image-17138 size-full\" role=\"img\" src=\"http:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2022\/01\/Presentation-rafiki.svg\" alt=\"\" srcset=\"https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 150w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 300w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 1024w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 1536w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 2048w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 500w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/h3>\r\n<p>Despite the disclaimers, mutual fund investors tend to invest in the top performing scheme of the last year, hoping that past performance will ensure that the scheme continues to stay at the top. Therefore, instead of chasing the top performer in the short term, it is advisable to invest in a scheme which features in the top quartile consistently over a longer period of time. In addition to past performance, the investors should also consider other factors viz. professional management, service standards etc.<\/p><\/div>\n<div id='text_slider_slide04' class='sa_hover_container' data-hash='Fees-and-Expenses' style='padding:4.9% 5%; margin:0px 0%; background-color:rgb(255, 255, 255); min-height:405px; '><h3 style=\"text-align: left;\"><strong><span style=\"color: #f1566d;\">13.4. Fees and Expenses<\/span><\/strong><\/h3>\r\n<h3 style=\"text-align: left;\"><img decoding=\"async\" width=\"500\" height=\"500\" class=\"aligncenter wp-image-17138 size-full\" role=\"img\" src=\"http:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2022\/01\/Presentation-rafiki.svg\" alt=\"\" srcset=\"https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 150w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 300w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 1024w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 1536w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 2048w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 500w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/h3>\r\n<p>As is the case with any other business, running a mutual fund business also involves costs. The various costs incurred by a mutual fund could be associated with transactions made by investors, operating costs, marketing and distribution expenses etc. Expenses borne by the mutual fund investor can be broadly classified into two categories: &#8211;<\/p>\r\n<ul>\r\n<li>The load which may be charged to the investor at the time of redemption<\/li>\r\n<li>The recurring expenses which are charged to the fund<\/li>\r\n<\/ul><\/div>\n<div id='text_slider_slide05' class='sa_hover_container' data-hash='Loads-or-Sales-Charges :' style='padding:4.9% 5%; margin:0px 0%; background-color:rgb(255, 255, 255); min-height:405px; '><h3 style=\"text-align: left;\"><strong><span style=\"color: #f1566d;\">13.5. Loads or Sales Charges <\/span><\/strong><\/h3>\r\n<h3 style=\"text-align: left;\"><img decoding=\"async\" width=\"500\" height=\"500\" class=\"aligncenter wp-image-17138 size-full\" role=\"img\" src=\"http:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2022\/01\/Presentation-rafiki.svg\" alt=\"\" srcset=\"https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 150w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 300w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 1024w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 1536w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 2048w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 500w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/h3>\r\n<p>Loads are charges which investors incur when they redeem units in a mutual fund scheme. A load charged at the time of redemption is known as &#8216;Exit Load or Back End Load&#8217;. Asset management companies charge these loads to defray the selling and distribution expenses including commission paid to the agents\/distributors.<\/p>\r\n<p>Since August 1, 2009 entry load has been banned and therefore purchase\/subscription of mutual funds happen at a price which is equal to the NAV. However, an investor is required to pay an exit load (if any) if he chooses to redeem units. This happens at a price linked to the NAV. This re-purchase price price may differ from NAV to the extent of exit load charged, if any. Further, expenses related to New Fund Offer (NFO) are borne by the AMC \/ Trustee \/ Sponsor.<\/p><\/div>\n<div id='text_slider_slide06' class='sa_hover_container' data-hash='Recurring-Expenses' style='padding:4.9% 5%; margin:0px 0%; background-color:rgb(255, 255, 255); min-height:405px; '><h3 style=\"text-align: left;\"><strong><span style=\"color: #f1566d;\">13.6. Recurring Expenses<\/span><\/strong><\/h3>\r\n<h3 style=\"text-align: left;\"><img decoding=\"async\" width=\"500\" height=\"500\" class=\"aligncenter wp-image-17138 size-full\" role=\"img\" src=\"http:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2022\/01\/Presentation-rafiki.svg\" alt=\"\" srcset=\"https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 150w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 300w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 1024w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 1536w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 2048w, https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/\/2022\/01\/Presentation-rafiki.svg 500w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/h3>\r\n<p>These are costs incurred for day to day operation of a scheme. These expenses inter alia include investment management and advisory fees, trustee fees, registrar&#8217;s fees, custodian&#8217;s fees, Audit fees, marketing and selling expenses including agents&#8217; commission etc.<\/p>\r\n<p>Expenses exceeding the specified limit are to borne by the AMC. The recurring expenses (including investment management fees) that can be charged to the scheme are subject to following limits (as a percentage of daily net assets):-<\/p>\r\n<table>\r\n<tbody>\r\n<tr>\r\n<td width=\"150\">\r\n<p>First Rs. 100 crores<\/p>\r\n<\/td>\r\n<td width=\"150\">\r\n<p>Next Rs. 300 crores<\/p>\r\n<\/td>\r\n<td width=\"150\">\r\n<p>Next Rs. 300 crores<\/p>\r\n<\/td>\r\n<td width=\"150\">\r\n<p>Balance<\/p>\r\n<\/td>\r\n<\/tr>\r\n<tr>\r\n<td width=\"150\">\r\n<p>2.50%<\/p>\r\n<\/td>\r\n<td width=\"150\">\r\n<p>2.25%<\/p>\r\n<\/td>\r\n<td width=\"150\">\r\n<p>2.00%<\/p>\r\n<\/td>\r\n<td width=\"150\">\r\n<p>1.75%<\/p>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table>\r\n<p>&nbsp;<\/p>\r\n<p>In addition to TER within the limits specified under regulation 52 (6) of the Regulations (as specified above), the AMC may charge expenses not exceeding 0.20% of daily net assets of the scheme, towards investment &amp; advisory fees as specified under regulation 52(2) of the Regulations and\/or towards recurring expenses as specified under 52(4) of the Regulations.<\/p><\/div>\n<\/div>\n<\/div>\n<script type='text\/javascript'>\n\tjQuery(document).ready(function() {\n\t\tjQuery('#text_slider').owlCarousel({\n\t\t\titems : 1,\n\t\t\tsmartSpeed : 400,\n\t\t\tautoplay : false,\n\t\t\tautoplayHoverPause : false,\n\t\t\tsmartSpeed : 400,\n\t\t\tfluidSpeed : 400,\n\t\t\tautoplaySpeed : 400,\n\t\t\tnavSpeed : 400,\n\t\t\tdotsSpeed : 400,\n\t\t\tdotsEach : 1,\n\t\t\tloop : false,\n\t\t\tnav : true,\n\t\t\tnavText : ['Previous','Next'],\n\t\t\tdots : true,\n\t\t\tresponsiveRefreshRate : 200,\n\t\t\tslideBy : 1,\n\t\t\tmergeFit : true,\n\t\t\tautoHeight : true,\n\t\t\tmouseDrag : false,\n\t\t\ttouchDrag : true\n\t\t});\n\t\tjQuery('#text_slider').css('visibility', 'visible');\n\t\tvar owl_goto = jQuery('#text_slider');\n\t\tjQuery('.text_slider_goto1').click(function(event){\n\t\t\towl_goto.trigger('to.owl.carousel', 0);\n\t\t});\n\t\tjQuery('.text_slider_goto2').click(function(event){\n\t\t\towl_goto.trigger('to.owl.carousel', 1);\n\t\t});\n\t\tjQuery('.text_slider_goto3').click(function(event){\n\t\t\towl_goto.trigger('to.owl.carousel', 2);\n\t\t});\n\t\tjQuery('.text_slider_goto4').click(function(event){\n\t\t\towl_goto.trigger('to.owl.carousel', 3);\n\t\t});\n\t\tjQuery('.text_slider_goto5').click(function(event){\n\t\t\towl_goto.trigger('to.owl.carousel', 4);\n\t\t});\n\t\tjQuery('.text_slider_goto6').click(function(event){\n\t\t\towl_goto.trigger('to.owl.carousel', 5);\n\t\t});\n\t\tvar resize_24100 = jQuery('.owl-carousel');\n\t\tresize_24100.on('initialized.owl.carousel', function(e) {\n\t\t\tif (typeof(Event) === 'function') {\n\t\t\t\twindow.dispatchEvent(new Event('resize'));\n\t\t\t} else {\n\t\t\t\tvar evt = window.document.createEvent('UIEvents');\n\t\t\t\tevt.initUIEvent('resize', true, false, window, 0);\n\t\t\t\twindow.dispatchEvent(evt);\n\t\t\t}\n\t\t});\n\t});\n<\/script>\n<\/p>                    <\/div>\n\t\t        \n                    <div id=\"slides-tab\" class=\"clearfix eael-tab-content-item \" data-title-link=\"slides-tab\">\n\t\t\t\t        <p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2021\/10\/coming-soon-person-g8026473a8_1920-removebg-preview.png\" \/><\/p>                    <\/div>\n\t\t        \n                    <div id=\"videos-tab\" class=\"clearfix eael-tab-content-item \" data-title-link=\"videos-tab\">\n\t\t\t\t        <p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.5paisa.com\/finschool\/wp-content\/uploads\/2021\/10\/coming-soon-person-g8026473a8_1920-removebg-preview.png\" \/><\/p>                    <\/div>\n\t\t                    <\/div>\n        <\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Study Slides Videos 13.1 Lower NAV is cheaper &nbsp; The most common myth that is prevalent among mutual fund investors is that of associating a scheme with a lower NAV being a better buy compared to a scheme with a higher NAV. This stems from the mind set of equating mutual fund units with equity &#8230; <a title=\"Mutual Fund Myths Explained In Detail\" class=\"read-more\" href=\"https:\/\/www.5paisa.com\/finschool\/course\/financial-planning-through-mutual-funds-course\/mutual-fund-myths\/\" aria-label=\"Read more about Mutual Fund Myths Explained In Detail\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":11088,"menu_order":13,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"class_list":["post-24432","markets","type-markets","status-publish","format-standard","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/markets\/24432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/markets"}],"about":[{"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/types\/markets"}],"author":[{"embeddable":true,"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/comments?post=24432"}],"version-history":[{"count":10,"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/markets\/24432\/revisions"}],"predecessor-version":[{"id":59606,"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/markets\/24432\/revisions\/59606"}],"up":[{"embeddable":true,"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/markets\/11088"}],"wp:attachment":[{"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/media?parent=24432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.5paisa.com\/finschool\/wp-json\/wp\/v2\/categories?post=24432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}