NAV
Net Asset Value (NAV) is the per-unit price of a mutual fund, calculated by subtracting the fund’s total liabilities from its total assets and dividing the result by the number of outstanding units. It reflects the current value of one unit of the fund and is updated daily based on closing market price. NAV helps investors determine the entry or exit price when buying or selling mutual fund units. While it indicates the fund's value, it does not measure performance alone. NAV changes with the market value of the fund's underlying securities and is a key factor in mutual fund transactions.
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