Net Asset Value (NAV) is a fund’s market value per unit. It is calculated by dividing the total value of all the assets in a portfolio, minus all its liabilities.

NAV is calculated at the end of every market day, after taking into account the closing market prices of the securities in its portfolio. When selecting a mutual fund for investments, remember that daily changes in NAV don’t matter. It is best to look at the annualized return of a fund over different time frames to estimate the performance of the fund.

OTHER DETAIL TAKE FROM THE MF SCHEME FAQ

Disclaimer : Same As MF Scheme Details