Wondering what "NAV" (Net Asset Value) means? This short reference explains it in plain terms.
NAV is the per-unit value of a mutual fund, calculated as total assets minus liabilities divided by units outstanding.
What is NAV?
NAV is the per-unit value of a mutual fund, calculated as total assets minus liabilities divided by units outstanding.
| Full form | Net Asset Value |
|---|
Where it is used
- Pricing mutual fund units
- Tracking fund performance
Why NAV matters
NAV shows up in real filings, forms and transactions, so knowing what it means helps you complete them correctly and avoid errors, rejections or penalties. When in doubt about how NAV applies to you, confirm on the official portal or with a qualified professional before filing.
Frequently asked questions
What is the full form of NAV?
NAV stands for Net Asset Value.
What is NAV used for?
Pricing mutual fund units; Tracking fund performance.