Glossary
NAV: meaning, example and why it matters
Net asset value: the per-unit value of a mutual fund, calculated from the market value of its holdings after expenses. Most funds publish it once each business day.
Worked example
A fund with assets of ₹210 crore, liabilities of ₹10 crore and 10 crore units has a NAV of (210 − 10) ÷ 10 = ₹20 per unit.
Illustrative numbers for explanation only. They are not market data, a forecast or a suggestion.
Why it matters
NAV is the price per unit at which a fund is bought and redeemed, published once a day for most funds.
Related terms
See it in practice
Frequently asked questions
Does a lower NAV mean a cheaper fund?
No. NAV is just value per unit. A fund with a NAV of ₹15 and one with ₹150 can have the same percentage return; the change matters, not the starting number.
Is this page investment advice?
No. NAV is explained in general terms with illustrative numbers. Market Dekho is not a SEBI-registered Research Analyst or Investment Adviser.
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Start learning free →Educational content, not investment advice. Market Dekho is not a SEBI-registered Research Analyst or Investment Adviser. Spotted a mistake? Email marketdekho01@gmail.com.