What is NAV?
Net Asset Value is the value per mutual fund unit. It is calculated from scheme assets minus liabilities, divided by outstanding units.
How should NAV be interpreted?
A higher NAV does not make one fund better. Returns, risk, category, costs and portfolio quality provide useful comparison context.
What are the limitations?
NAV is a valuation point, not a fund rating or forecast. Check its as-of date before using it.
FAQ
Does a low NAV mean a fund is cheap?
No. NAV alone does not indicate valuation attractiveness or future return potential.