What factors are affecting my unit allocation?
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I've been investing in mutual funds for a few years, but lately I've noticed irregularities in the distribution of units. Shouldn't more units be distributed in light of the recent decline in the Indian market? How can I confirm how many units I own overall and comprehend the variables affecting allocation in volatile markets?
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The unit allocations totally depend on Net Asset Value (NAV) on the day your investment is processed and aren't directly linked to market declines. Lower NAV during a market fall means more units for a fixed investment.
To check your total unit ownership, check your CAS (Consolidated Account Statement) or AMC statements for your total units.