If myths were true then lightning never strikes a place twice, Einstein failed in math exam, bulls hate red and lower NAV (net asset value) means cheaper mutual funds. But that’s not the case. Lightning can strike a place twice; Einstein did excel in his math exam; bulls are proven to be color blind. And… Read More »
NAV of a mutual fund is grossly misunderstood by the investors as well as the mutual fund. Low NAV does not indicate the fund is cheap, nor does it impact the returns in any way. So always remember this when selecting fund for investment. Rather focus on the quality of fund, which will greatly impact… Read More »
NAV or Net Asset Value is the aggregate of the market price of all the shares contained in the portfolio, inclusive of cash after deducting the liabilities divided by the sum of units issued. It can also be called the book value of the unit of the fund. Learn all about it here.