Hi, Try to understand the Mutual Fund investments...Irrespective of the NAV Value your are investing..MF company will be investing into the equities ..Ex :If market is at 20,000..Even though NAV is Rs.40 or Rs.10..The company will be investing..If the market goes higher proportionatly NAV values increased from Rs.40 to Rs. 44 or Rs.10 to Rs.14 vice versa when markets are decresed.
Never purchase any MF assuming NAV value is low..Luk at the portfolio ..There are many mutual funds which are specifically invested in technology companies still less than Rs.8...