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Get all your mutual fund related queries answered by our expert, Manoj Nagpal, managing director and chief executive officer, Outlook Asia Capital, on our show Mutual Fund Corner.

Q: Archana Bawkar writes to us on Facebook. Is it right time to enter Reliance Large Cap Dividend at this price at net asset value (NAV) of around 16.67 approximately or any hybrid funds?

A: Let’s bust some myths before we answer this question. Is the entry NAV important, when investing in a mutual fund? The absolute NAV does not matter at all.

As a corollary, even the number of units you have is not important in the kind of returns the mutual fund will generate. The factors you should consider are matching your risk profile, time horizon and investment style of the fund to create an optimal return.

Reliance Large Cap Fund is a well-diversified fund managed by Sailesh Raj Bhan with a focus to benefit from demographic dividend. It’s a mix of growth and value approaches. We prefer the HDFC Top 100 in the large cap variety above Reliance Large Cap.

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Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.