Calculate the NAV of a Mutual Fund with a scheme size of 100 Cr. and a face value per unit of Rs. 10 and investment shares having a market value of Rs. 400 Cr.
Answers
Explanation:
You can calculate the NAV of a mutual fund by dividing the total net assets of the fund by the total number of units issued to investors.
When it comes to investing, certain terms have special significance. For mutual fund investors, net asset value (NAV) is one such term. Whenever you attempt to buy or sell mutual fund units, this acronym comes up.
In simple terms, NAV is the per-unit market value of a mutual fund.
Answer:
To get the total net assets of a fund, subtract any liabilities from the current value of the mutual fund's assets and then divide the figure by the total number of units outstanding. The resulting figure is the NAV of the mutual fund.
Explanation:
NAV is calculated by dividing the total value of all the cash and securities in a fund's portfolio, minus any liabilities, by the number of outstanding shares.