Baroda Pioneer ELSS Minimum Initial Investment vs. Net Asset Fundamental Analysis
Baroda Pioneer ELSS 96 B Dir Gr is rated below average in net asset among similar funds. It is rated below average in minimum initial investment among similar funds . The ratio of Net Asset to Minimum Initial Investment for Baroda Pioneer ELSS 96 B Dir Gr is about 15,900 Net Asset is current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assest is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Net Asset is the value used in calulating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formullay that uses closing prices of all positions in the fund's portfolio.Minimum Initial Investment refers to minimum amount the fund family or category will require an investor to deposit to acquire the very first position in the fund or to open an account. In other words, Minimum Initial Investment is a guarantee that any investment from a purchaser of a fund meets the minimum requirement of the fund.
Fund managers put minimum investment restrictions on fund investments in order to allow the fund to function properly. Minimum restrictions allow fund managers to regulate cash flows of the fund, while guarding it from random trades that may negatively affect fund strategy.
Baroda Pioneer ELSS Minimum Initial Investment Comparison
Baroda Pioneer is currently under evaluation in minimum initial investment among similar funds.