Friday, August 17, 2007

NAV Of Mutual Fund

The NAV of Mutual fund (Oil-o1) Phase value 250 is RS 410 as of Today.


Position: Due to uncertainity in direction of crude markets because of various factors like depreciating rupee (+ve for price) , fallingof equity markets(-ve for crude price) and arrival and change of direction of hurricanes in US(+ve and -ve ) out of crude market fro sometime.Invested in equities today to take advantage of volatile conditions in the Indian Market .So the value increased by rs 40.


Present Postion :short on copper .(trying it on copper for the first time )

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