Uploaded on Feb 14, 2023
The current net asset value (NAV) of a mutual fund refers to the value of a single share in the fund, calculated by dividing the total value of the fund's assets by the number of outstanding shares. For more details: https://www.licmf.com/
What is the current nav of mutual funds? | LIC MF
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WHAT IS CURRENT NAV OF MUTUAL FUNDS?
The current net asset value (NAV) of a mutual fund refers to the value of a
single share in the fund, calculated by dividing the total value of the fund's
assets by the number of outstanding shares. The NAV is calculated at the end
of each business day and reflects the market value of the fund's underlying
securities, including any changes that may have occurred during the day.
• It is important to note that the current NAV of a mutual fund is subject to
change based on market conditions and the performance of the fund's
underlying securities. Therefore, it is not possible to provide a current NAV
for a specific mutual fund without knowing the specific fund and its holdings.
• To find the current NAV of a mutual fund, you can check the fund's website
or contact the fund company directly. Financial news websites and online
investment platforms may also provide up-to-date NAV information.
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HOW NAV CAN BE USED TO EVALUATE A FUND'S
PERFORMANCE?
Net Asset Value (NAV) can be used as one of the metrics to evaluate the performance of a
mutual fund. Here's how:
1.Comparing NAV to benchmark index: Comparing the NAV of a fund over time to a
benchmark index, such as the S&P 500, can provide a general sense of the fund's performance
relative to the overall market.
2.Tracking NAV changes over time: Monitoring the change in NAV over time can provide
insight into the fund's overall performance. A steadily increasing NAV indicates that the fund is
performing well, while a declining NAV could indicate underperformance.
3.Evaluating NAV in context of market conditions: It's important to consider the broader
market conditions when evaluating a fund's performance based on its NAV. For example, if the
overall market is declining, it's less surprising to see a declining NAV even if the fund is
performing well relative to its peers.
4.Consider other factors besides NAV: While NAV can be a useful metric, it's important to
consider other factors such as the fund's historical returns, its investment strategy, the risk
profile, and the management quality. A well-diversified portfolio and a sound invhetsttpmse:/n/wt ww.licmf.c
strategy can help to smooth out short-term fluctuations in NAV. om/
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