Skip to Navigation Skip to Main Content Contact us
Skip to Navigation Skip to Main Content Contact us
  • What is Net Asset Value (NAV) of a scheme?

    The performance of a particular scheme of a mutual fund is denoted by Net Asset Value (NAV).

    NAV is the market value of the securities held by the scheme. Since market value of securities changes every day, NAV of a scheme also varies on day to day basis.

    It is calculated as follows : Take the current market value of the fund's net assets (securities held by the fund minus any liabilities) and divide by the number of units outstanding. Thus, if a fund has total net assets of ₹ 100 crores and 5 crore units, the NAV is ₹ 20 per unit. (Fund liabilities include items such as fees owed to investment managers.)

    Open-ended schemes declare the NAV at the end of every business day.

    comments powered by Disqus

    Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
    © PPFAS Asset Management Private Limited. All rights reserved.
    Sponsor: Parag Parikh Financial Advisory Services Limited. [CIN: U67190MH1992PLC068970], Trustee: PPFAS Trustee Company Private Limited. [CIN: U65100MH2011PTC221203], Investment Manager (AMC): PPFAS Asset Management Private Limited. [CIN: U65100MH2011PTC220623]