What is NAV? NAV stands for Net Asset Value of a mutual fund scheme which is precisely its book value or book price. In essence, it is the value per unit of a mutual fund scheme. The NAV is calculated as follows: NAV= (Assets - Liabilities)/Outstanding units Where, Assets include stocks, bonds, cash, accumulated interest as well as dividend held by the fund. The 'per unit' market value of all th...
923 Hits
