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AUM stands for Assets Under Management. This is the net value of money that is currently being managed by the mutual fund house. It is a product of the no. Of units outstanding in the mutual fund and the net asset value. Let us say the NAV of a mutual fund is Rs. 20/- and there are 50000 units of the mutual fund sold till date, the net Assets Under Management would be Rs. 10 lakhs.
Alternately, the AUM can be considered as the total value of all investments at the end of a trading day that is held by a mutual fund house. It will be the value of all the individual shares held by the company + any cash components held in their accounts.
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What does the aumred mean?
Do you mean ''What does the AUM Mantra mean?''
How to calculate pro rata share?
Simplified and by way of example pro rata can be calculated as follows: Assume you have three contributing "pools," A, B and C. A contains $1,200,000.00 B contains $159,000.00 C contains $300,000.00 Now assume an "assessment" of $88,000.00 for which the three pools are obligated to pay on a pro rata share based on the pool value A's share will be ((A value) / (total value of all pools)) x (assessment) ($1,200,000 / ($1,200,000 + $159,000 + $300,000)) x $88,000 ($1,200,00 / $1,659,000) x $88,000 .7233273 x $88,000 = $63,652.80 Take the dollar amount of each mutual/stocks ÷ by total market value × client requested dollar amount. Your client calls requesting $10000 from his account. He has 8 mutual funds in the account with a total value of $30806.44. Example: Fund # 1. Has $4233.69 ÷ 30806.44 (which is the total value of all the mutual funds) then × $10000.00 (requested amount). You would do this for each remaining mutual fund in the account.
I'm seeing a negative sign in front of a number under the AUM column. What does this mean?
It means that something that you consider to be an asset, with some positive value, is regarded as a liability by the market.
What are Cumulative and non cumulative shares?
Cumulative shares are when the shares are combined and then evenly distributed to the share holders. Non cumulative preference shares are when they go to certain people first.
What is the Washington mutual and is it related to Washington?
Washington Mutual was a savings bank holding company. It's main headquarters were in Seattle, Washington. WAMU(Washinton Mutual) was the United States largest savings and loans association until it crashed in 2008.
What is AUM in mutual funds?
AUM stands for Assets Under Management - This refers to the total amount of money that is being managed by that fund house. SBI is one of the largest fund management companies in India in terms of AUM
How many AMC in India?
As of may 2009 there are 38 asset management companies operating in india: 1 AIG Global Investment Group Mutual Fund 2 Baroda Pioneer Mutual Fund 3 Benchmark Mutual Fund 4 Bharti AXA Mutual Fund 5 Birla Sun Life Mutual Fund 6 Canara Robeco Mutual Fund 7 DBS Chola Mutual Fund 8 Deutsche Mutual Fund 9 DSP BlackRock Mutual Fund 10 Edelweiss Mutual Fund 11 Escorts Mutual Fund 12 Fidelity Mutual Fund 13 Fortis Mutual Fund 14 Franklin Templeton Mutual Fund 15 Goldman Sachs Mutual Fund 16 HDFC Mutual Fund 17 HSBC Mutual Fund 18 ICICI Prudential Mutual Fund 19 IDFC Mutual Fund 20 ING Mutual Fund 21 JM Financial Mutual Fund 22 JPMorgan Mutual Fund 23 Kotak Mahindra Mutual Fund 24 LIC Mutual Fund 25 Mirae Asset Mutual Fund 26 Morgan Stanley Mutual Fund 27 PRINCIPAL Mutual Fund 28 Quantum Mutual Fund 29 Reliance Mutual Fund 30 Religare AEGON Mutual Fund 31 Religare Mutual Fund 32 Sahara Mutual Fund 33 SBI Mutual Fund 34 Shinsei Mutual Fund 35 Sundaram BNP Paribas Mutual Fund 36 Tata Mutual Fund 37 Taurus Mutual Fund 38 UTI Mutual Fund
How can you calculate returns on investment in mutual fund?
There are number of programs available online that enable investors to track the mutual fund. There are also many websites that provide market research to aid the investors. Reliance mutual fund has very good service like SIP calculator that allow you calculate the returns of the investment.
How can an investor tell if a mutual fund is well managed?
An investor can identify this if # The NAV of the fund is increasing steadily # The fund manager has a solid reputation and has a proven record of successful performance # The AUM (Asset Under Management) of the fund is increasing # The fund house has a solid reputation and has a proven record of managing successful funds # etc...
Is a mutual fund a corporation?
A mutual fund is a corporation
What is mutual fund in Hindi language?
mutual fund kya hai
Stakeholder of mutual fund?
A stakeholder of a mutual fund is someone who has interest in it.
How do you calculate Bombay stock exchange returns in mutual fund?
Simple just follow the news regularly.....................
A is invested by managers in a diversity of stocks bonds and other securities?
it is D. mutual fund :) Jenna what skul do you go to Jenna -cierra
When you own a mutual fund what exactly do you own?
Mutual fund is a low risk investment. If you invest in a mutual fund, you owns shares of the mutual fund company who is selling you fund. But you do not actually own any underlying asset of the stocks or securities that mutual fund has invested in even they are using your money to invest.
What is mutual fund reconciliation?
Mutual fund reconciliation is a term used to describe people who are in charge of reconciling fund accounts. They handle a lot of the mutual fund operations.
Was the Reserve Fund the first money market mutual fund?
The Reserve Fund was the first money market mutual fund
