I'm trying to understand what NAV means in simple terms. I've heard this term being used in financial contexts, but I'm not very familiar with it. Can someone explain NAV to me in a way that's easy to understand?
7 answers
Nicola
Mon Nov 11 2024
It serves as an indicator of how well the Mutual Fund has performed over time.
ethan_harrison_chef
Mon Nov 11 2024
Investors rely on NAV to gauge the return on their investment in the Mutual Fund.
Nicola
Mon Nov 11 2024
The evaluation metric for the performance of a Mutual Fund scheme is known as the Net Asset Value (NAV).
StormGalaxy
Mon Nov 11 2024
Mutual Funds allocate the capital collected from various investors into securities markets.
DiamondStorm
Mon Nov 11 2024
To put it simply, NAV represents the total market value of all the securities that the scheme holds.