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NAV Explained

What NAV means—and what it does not mean.

NAV, or Net Asset Value per unit, represents the per-unit value of the scheme's net assets under the applicable calculation methodology.

A low NAV does not mean a mutual fund is “cheap,” and a high NAV does not mean it is expensive. Fund selection should focus on the portfolio, mandate, risk, cost and suitability rather than the absolute NAV number.

Educational content only. It is not a personalised investment recommendation, tax advice or a guarantee of future returns. Verify current scheme documents, tax rules and regulations before consequential decisions.