The Net Asset Value (NAV) of a mutual fund scheme applies to the units of that scheme. It is defined as the market value, in Rupees, of one unit of that Mutual Fund Scheme.  The NAV is unit’s proportionate share of total market value (AUM) of the scheme.

NAV is calculated and published as per regulations. Investors can use the NAV to purchase, redeem or track value of units in a Mutual Fund.

e.g. If the value of all the securities in a scheme is Rs. 10,000 and the total number of units issued = 1,000 the NAV per unit will be 10,000/1,000 = Rs. 10.

Anonymous Changed status to publish November 22, 2018