Finance

Mutual fund NAV: What it is and the formula to calculate it

Investing in mutual funds is considered to be one of the most effective ways to grow wealth in India. When investing in mutual funds, investors must consider the net asset value (NAV) of a mutual fund scheme. What you need to know about mutual fund NAVs A mutual fund NAV is the price of one unit of a mutual fund scheme While the NAV is the price of one unit of a mutual fund scheme, the AUM (Assets under management) of a scheme represents the total assets that the mutual fund scheme controls or manages. AUM is the cumulative market value of all the assets such as investments like stocks, bonds, and other securities. NAV, on the other hand, is the per-unit value that indicates how much one unit of the mutual fund scheme is worth. NAV is one of the major factors to be con

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