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NAV stands for Net Asset Value. NAV is the value of the total assets that are under management by the fund house at a per unit basis.
Let us say a fund house has a total assets under management of Rs. 10,000/- and have 1000 units in the market, the NAV would be 10000/1000 = Rs. 10.
This is the price at which you can buy or sell the units of the fund house on any particular trading day. This value would vary based on the changes to the price of the stocks held by the fund house.
What else can I help you with?
Does a paydown of a mbs security impact the NAV of a Mutual fund?
No. They are totally unrelated to affect the NAV
What is the Meaning of nav?
Net Asset Value (NAV) represents a mutual fund's per share market value.
NAV in case of mutual fund units means?
NAV stands for Net Asset Value. This is the financial worth of all the assets held by a mutual fund house that were purchased using the money collected from investors.
Redemption price of mutual fund shares?
The redemption price of mutual fund units is the close of business NAV of the mutual fund minus the applicable exit load. Let us say you have 1000 units of a fund that is currently having an NAV of $15 and you have a 0% exit load situation you will be getting $15,000 if you redeem your investment.
If there is any difference between NET ASSET VALUE of open-end mutual fund schemes and close-end mutual fund schemes?
There is a difference between the two but it is determined by when the NAV value is assigned. Speak also with the fund holding store to determine how they do the NAV. I could differ from store to company. Sources: http://www.amfi.com/buying/mutual-fund-store http://www.mutualfundmediacenter.com
What is NAV?
NAV stand for Net Assets Value. It represents a fund per share market value. NAV is the market value of the assets of the scheme minus its liabilities. Buying and selling of fund is entirely based on NAV priceFor example, if a fund has assets of $50 million and liabilities of $10 million, it would have a NAV of $40 million.Formula to calculate the NAV: Net Assets Value=Market value of investment scheme + Receivables + Accrued Income + Other Assets - Accrued Expences - Payable - Other Liabilities.
Can anyone provide information on mutual fund?
Almost all mutual funds have their own websites .Investors can also acess the NAV's,half yearly results and portfolio of all mutual funds at websites.There are number of websites that give lot of information of mutual fund.One of these mutual fund portals is Reliance mutual fund
Is reliance mutual fund or hdfc mutual fund better for investors?
I think, Reliance is new in Mutual Fund sector, so it would be batter to go for HDFC Mutual Funds. Market is down and definitely will go up, i think tha NAV of HDFC mutual funds would be batter than Reliance. Thank you
In finance what does NAV mean?
Net asset value (NAV). The NAV is the dollar value of one share of a fund. It's calculated by totaling the value of all the fund's holdings plus money awaiting investment, subtracting operating expenses, and dividing by the number of outstanding shares. A fund's NAV changes regularly, though day-to-day variations are usually small. The NAV is the price per share an open-end mutual fund pays when you redeem, or sell back, your shares. With no-load mutual funds, the NAV and the offering price, or what you pay to buy a share, are the same. With front-load funds, the offering price is the sum of the NAV and the sales charge per share and is sometimes known as the maximum offering price (MOP). The NAV of an exchange traded fund (ETF) or a closed-end mutual fund may be higher or lower than the market price of a share of the fund. With an ETF, though, the difference is usually quite small because of a unique mechanism that allows institutional investors to buy or redeem large blocks of shares at the NAV with in-kind baskets of the fund's stocks.
Why does your NAV go down when your Mutual fund pays a dividend?
The cash the fund uses to pay the dividend is considered an asset of the investment trust. Before it is paid out, that value is added to the value of the stocks/bonds held to calculate the NAV. Once the money is paid out, it is no longer counted as part of the investment trust, thus the NAV goes down by the amount of the dividend. Example. Mutual fund A has $100 worth of stock, $50 in cash and 100 shares outstanding. It's NAV is $1.50. It pays a total dividend of $50. So now the fund has $100 worth of stock, no cash, and 100 shares outstanding. It's NAV will be $1.00.
What is switch request related to mutual fund?
A Switch Request is one in which the investor takes out his money from one Mutual Fund and invests it into another fund. for ex: Let us say there is fund A and fund B which have an NAV or Rs. 20 & Rs. 15 each. The Investor holds 500 units of Fund A and wants to switch to fund B. Step 1: Sell units from fund A at current NAV -> Rs. 10,000 in cash Step 2: Buy units from fund B at current NAV -> 666.67 Units of fund B owned now A point to note here is that I have not considered any entry or exit loads and the number of units of fund B you will get will change depending on the loads involved
NAV of mutual funds?
NAV stands for Net Asset Value. Assuming a fund house starts with an initial corpus of $100,000/- and sells 10,000 units to its investors its initial NAV is $10. After the initial period, the fund manager starts investing in stocks and lets say after 3 months the total worth of his portfolio is $125,000/- it means that the value of each unit has gained by $2.5 and hence the NAV of the fund is $12.5 NAV is the current market worth of the investments under the funds portfolio
