**mf at loss case(hold till maturity)**
**case 1: in secondary**say you have bought 1000 kitta of mf at Rs.12 at secondary. total= Rs. 12000but the price decreases to Rs. 8 at the end of maturity.new total = Rs. 8000
do they return 8K(market price)?? ordo we get 1000 *10(ipo price) ?? = Rs. 10000
**case 2: primary**
say you bought the 1000 kitta at Rs.10 at mf IPO. total=Rs.10000now at the end of maturity it’s Rs. 8= Rs.8000
so they return 8K or 10K ??
***so in case of loss if they return at market price Rs.8(which makes sense) then mf issuer won’t face any losses. but if they return at ipo price Rs.10 then mf issuer will face loss Rs.2(which likely they don’t do).***
**mf at profit case(hold till maturity)case 3: secondary**
likewise, 1000 kitta at Rs.10 totaling Rs. 10Kmaturity price at Rs.16 totaling Rs. 16K
so they return 16K or 10K ??
**case 4: primary**
1000 kitta at Rs.10 totaling Rs. 10Kmaturity price at Rs.16 totaling Rs. 16K
so they return 10K(ipo price) or 16K ?
**so in case of profit which is paper value when it closes at Rs.16. if they have to return it at Rs. 16 they will have to face loss of rs.6 but if they return us at Rs.10 then they make rs.6 profit oris that profit distributed to mf holders at end or they keep it ?**
any info would be helpful regarding mf and how it works. Thank you!
edit: please tell more info on NAV too. thank you!