What is Net Asset Value (NAV)?

Net Asset Value (NAV) is the price of a unit of a mutual fund scheme. Often associated with mutual funds and ETFs, the NAV helps an investor determine if the fund is overvalued or undervalued.

NAV = (Value of Assets - Value of Liabilities) / No. of outstanding units

For example, if the NAV of a scheme is Rs. 150, you will have to pay Rs. 150 per unit. Similarly, if you sell a unit of the scheme, you will receive Rs. 150 per unit.

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