MF units allocation

[jai_chaudhary_8055]

Hi Team,

Hope you all are doing well…!

I have a doubt regarding my investment in SIP. I just want to ask that the units allocated to us against the investment every month. Those units are new every month or it get continues from the previous month allocation?

Hope for a good response from you guys.
Thanks in advance.

Best Regards,
Jai

 

[Narinder Kumar]

Hi Mr Jai Chaudhary,
Whenever we Invest in Mutual Fund we are allotted units depending on NAV and amount that has been invested in Lumsum/ in SIP mode. These units get added to already existing Units in your Folio.
I hope it solves your query.
regards

 

[The INSANE Trader]

Hi Team,

Hope you all are doing well…!

I have a doubt regarding my investment in SIP. I just want to ask that the units allocated to us against the investment every month. Those units are new every month or it get continues from the previous month allocation?

Hope for a good response from you guys.
Thanks in advance.

Best Regards,
Jai

Your total investment balance is calculated based on the total units held multiplied by the current NAV, but each month’s units are essentially independent purchases.