What is NAV in Mutual Funds? | Net Asset Value of Mutual Fund | Calculate return by Mutual Fund NAV
In this video, we will explain what is Net Asset Value or NAV in Mutual funds?
To explain NAV in simple words, it is the sum of the total market value of all the shares held in the portfolio, including cash, fewer liabilities, divided by the total number of units outstanding. Thus, NAV of a mutual fund unit is nothing but the “Book Value”. Investors can also view the latest NAV on www.udtapaisa.com/mutual-funds website
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