Glossary Mutual Fund / Term
Net Asset Value or NAV is calculated by subtracting the value of liabilities from an entity’s assets. It is an indicator of the net worth or value of a company or a fund house. In context of a mutual fund or ETF, it shows the per unit cost of the fund as on a particular date.
Formula: (Total value of Assets less Total Value of liabilities) divided by Number of units.
Permanent link Net Asset Value (NAV) - Creation date 2020-05-23