A = When NAV(M) / Price = 1
B = When NAV(M) / Price = 2
C = When NAV(M) / Price = 3
Which one to buy, A or B or C ?
Believe it or not !!!
When market will be bull, you will get return from the market as many times your Mutual fund NAV(M) / Price ratio is. Its a magic return that happens with the long term reversal of INDEX Trend.
If index gives return 100% then you may get -
A = 100% X 1 = 100%
B = 100% X 2 = 200%
C = 100% X 3 = 300%
I think now you have the answer.