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 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.