What's the abbreviation of UPI and NAV?
Answers
Answer:
NAV
Net Asset Value
Definition: Net asset value(NAV) is the value of a fund's asset less the value of its liabilities per unit. Description: NAV is often associated with mutual funds, and helps an investor determine if the fund is overvalued or undervalued.
UPI
Unified Payment Interface
A Unified Payment Interface (UPI) is a smartphone application that allows users to transfer money between bank accounts. It is a single-window mobile payment system developed by the National Payments Corporation of India (NPCI).
UPI refers to "Unified payment interface"
It is an instant real time payment system developed by National payments corporation of India.
NAV refers to "Net asset value"
It is the value of the entity's assets minus the value of its liabilities.