Mutual fund: Look at investment strategies before opting for pension funds

Nov 12 2013, 12:04 IST
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SummaryWhen we talk about retirement planning, the pension funds offered by mutual fund

received after 3 pm on a business day, the transaction the NAV of next business day would be applicable and not the same dayís NAV.

For liquid funds applications received up to cut-off time of 2 pm would get closing NAV of the business day immediately preceding the day of receipt of the application. And for applications received post cut-off time of 2 pm would get closing NAV of the business day immediately preceding the next business day

Sameer Hassija

The writer is senior investment analyst, Morningstar India

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