Question

In Rupee cost average the concept of -----is used​

Answer 1

Answer:

• Rupee cost averaging is a concept that results in averaging out the cost of investment in a fund.

• Mutual fund, by nature, is volatile given their exposure to equities.

• Thus, an investor may invest in funds at a different price point.

• Rupee cost averaging is the technique by which an investor can average out his/her buying price in mutual funds.