Want to invest in mutual funds but don’t know how to go about it?

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Get all your mutual fund related queries answered by our expert, Harshvardhan Roongta, chief financial planner, Roongta Securties, on our show Mutual Fund Corner.

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

A: 100 percent equity funds are different from hybrid funds and there is no comparison. You need to understand how both the schemes work and decide which type of scheme you wish to invest in. Thereafter, the specific scheme is selected within that category. NAV is irrelevant in deciding whether to invest or not to invest in a particular scheme.

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