Fund Accounting Adda

  What is NAV in a fund? "Net asset value," or "NAV," of an investment company is the company's total assets minus its total liabilities. How is fund NAV calculated? NAV is calculated by adding up what a fund owns and subtracting what it owes. For example, if a fund holds investments valued at ₹1,00,000 and has liabilities of ₹10,000, its NAV will equal ₹ 90,000. Further, if the fund has 10,000 shares outstanding, the NAV per share will be ₹ 9 only. Here are some basic instances                                                                                                                                                                            

A custodian , also known as a custodian  bank, refers to a financial institution that holds the possession of customers' securities to reduce the possibility of theft or loss. The securities and other assets can be held in electronic or physical form. Custodians generally will be large, reputable firms since they are responsible for safeguarding the assets worth several million or even billions of dollars. The Fund Accounting service provided by a custodian falls under the Custodial Services sector. Services like investment accounting for purchases and sales, valuation of securities held under custody, income and expense accounting and regulatory reporting are all covered under this section. To understand this further, we have to understand some investment options first. If you are a high net worth individual (HNI) looking to get more out of your capital and are willing to take on additional risks, portfolio management services PMS and Alternative Investment Funds AIF might just