Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Growth Net Asset Value

NAV details of Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Growth:

Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Growth NAV Today(01.10.2022)
₹1136.421.14 %
Exit Load
1%

How was the NAV for Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Growth arrived at?

The Net Asset Value is the per share market value of a mutual fund scheme. It is obtained by dividing the difference between the firm's total assets and liabilities by the number of outstanding units in the fund.

Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Growth NAV calculation:

NAV: (Assets - Liabilities)/ Total Number of Outstanding Units

Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Growth NAV History

Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Growth NAV Monthly History

Month
Open(₹)
Close(₹)
January
1161.85
1164.79
February
1164.79
1166.32
March
1166.32
1196.5
April
1196.5
1163.39
May
1163.39
1100.33
June
1100.33
1062.14
July
1062.14
1143.35
August
1143.35
1160.02
September
1160.02
-
Month
Open(₹)
Close(₹)
January
932.46
946.38
February
946.38
984.96
March
984.96
997.59
April
997.59
997.2
May
997.2
1039.05
June
1039.05
1069.11
July
1069.11
1097.45
August
1097.45
1151.58
September
1151.58
1169.1
October
1169.1
1191.35
November
1191.35
1153.26
December
1153.26
1161.85
Month
Open(₹)
Close(₹)
January
826.46
818.31
February
818.31
770.37
March
770.37
601.05
April
601.05
684.7
May
684.7
678.12
June
678.12
713.41
July
713.41
746.33
August
746.33
774.87
September
774.87
784.37
October
784.37
797.5
November
797.5
885.49
December
885.49
932.46
Month
Open(₹)
Close(₹)
January
782.6
769.04
February
769.04
771.58
March
771.58
810.97
April
810.97
803.78
May
803.78
815.08
June
815.08
813.58
July
813.58
770.05
August
770.05
767.97
September
767.97
788.63
October
788.63
815.12
November
815.12
818.73
December
818.73
826.46
Month
Open(₹)
Close(₹)
January
810.28
810.9
February
810.9
785.32
March
785.32
777.96
April
777.96
808.6
May
808.6
792.5
June
792.5
781.56
July
781.56
808.45
August
808.45
828.75
September
828.75
770.64
October
770.64
757.46
November
757.46
773.28
December
773.28
782.6
Month
Open(₹)
Close(₹)
January
637.56
676.2
February
676.2
687.17
March
687.17
711.37
April
711.37
724.67
May
724.67
730.86
June
730.86
736.24
July
736.24
768.22
August
768.22
773.63
September
773.63
766.85
October
766.85
796.61
November
796.61
790.27
December
790.27
810.28
Month
Open(₹)
Close(₹)
January
581.04
560
February
560
535.55
March
535.55
568.05
April
568.05
582.48
May
582.48
601.24
June
601.24
621.63
July
621.63
652.01
August
652.01
662.17
September
662.17
662.65
October
662.65
673.96
November
673.96
645.38
December
645.38
637.56
Month
Open(₹)
Close(₹)
January
556.09
578.3
February
578.3
579.59
March
579.59
576.68
April
576.68
558.46
May
558.46
569.43
June
569.43
572.44
July
572.44
587.09
August
587.09
556.77
September
556.77
567.23
October
567.23
574.59
November
574.59
574.4
December
574.4
581.04
Month
Open(₹)
Close(₹)
January
369.36
359.81
February
359.81
370.21
March
370.21
395.5
April
395.5
401.18
May
401.18
440.73
June
440.73
473.62
July
473.62
468.62
August
468.62
493.52
September
493.52
500.23
October
500.23
520.95
November
520.95
547.39
December
547.39
556.09
Month
Open(₹)
Close(₹)
January
348.92
351.31
February
351.31
337.4
March
337.4
333.72
April
333.72
346.28
May
346.28
347.43
June
347.43
342.09
July
342.09
328.64
August
328.64
323.74
September
323.74
337.69
October
337.69
360.48
November
360.48
358.84
December
358.84
369.36

What does Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Growth’s NAV mean to investors?

It is a common misnomer that a low NAV implies a better investment. In fact, you would have come across several mutual fund schemes that promote their funds with a low NAV as “cheaper” compared to others. The NAV of a mutual fund is unlike the share price of a stock where stocks with lower values and high growth potential are considered lucrative. When we talk of NAV, it is essentially just the current book value of all the assets minus the liabilities of a particular scheme. The following example can help make things clearer:

Let’s say we have two funds namely, Fund A and Fund B.

The NAV of Fund A is Rs 10 and the NAV of Fund B is Rs 100.

Now, say you have Rs 10,000 to invest in the funds. 

ParticularsFund AFund B
NAVRs 10Rs 100
Units bought (with Rs 10K investment)1000 units100 units
NAV (increases by 50%)Rs 15Rs 150
RetursRs 15,000Rs 15,000


As you can observe from the above table, the returns (Rs 15,000) remain the same irrespective of the NAVs of the funds. Hence, the common notion that funds with higher NAVs give higher returns stands null and false as proved by the above example. Your main focus must be the total returns generated by the fund while making an investment decision. The total return (CAGR) for Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Growth as on 01.10.2022 is 12.88.

Check Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Growth to get a detailed description of the total returns.

An Important Point to Remember

In case, any company in your mutual fund portfolio distributes dividends. It is of the mutual fund’s discretion to distribute at a particular interval. But when they do, the NAV of your fund shall decrease reflecting a decline in the total corpus of the fund. On the other hand, there are funds that do not give dividends to shareholders but reinvest them in order to buy more units. As a result the total number of outstanding units of the fund increase which shall in turn decrease the NAV of the fund.


In the case of mutual funds of the growth plan category, no dividend is paid to investors. The entire dividend amount is reinvested by the fund in buying more assets to increase the long-term gains of the fund. In this case, the NAV does not decrease.

Factors affecting the NAV of a mutual fund

Profits/ Losses from the underlying assets: The NAV of a mutual fund simply reflects the profits and losses of the underlying assets that the mutual fund has invested in. When the assets increase in their value, the NAV increases and vice versa.


Expenses regarding the management of funds: Mutual funds as you would be aware are managed by professional managers who actively invest in various assets to generate good returns. The managers charge a certain fee for doing the same. These fees are reduced from the total NAV of the fund.


The number of investors who buy and sell units: If a large number of investors book their profits by selling units of the fund at higher NAVs, the NAV shall decrease (similar to profit booking seen in stocks). On the other hand, if investors buy mutual fund units at lower NAVs, due to the rise in the number of units, the NAV drops.


Type of mutual fund: Generally, a regular mutual fund has a higher NAV compared to a direct fund. A regular fund includes broker and intermediary fees whereas a direct fund has none.


Dividend Payouts: As we had explained above, when mutual funds pay dividends, it reduces the NAV as it is akin to withdrawing money from your own investment.

FAQs

The Net Asset Value of a fund is arrived at by dividing the difference between the fund’s total assets and liabilities by the total number of outstanding units of the fund. (Assets-Liabilities)/Total Outstanding Units of the fund.

Investors must be concerned largely about the returns of a mutual fund more than the NAV. It is advised not to base any investment decision purely on the basis of the NAVs of a mutual fund as they do not suggest the future prospects of the fund. While funds with higher NAVs do suggest that the fund has been in existence for a long period of time.

As explained in the paragraph above, the NAV of a fund is simply the value of each unit of a mutual fund got by dividing the difference of total assets and liabilities of a fund by the outstanding shares. A fund with a low NAV does not mean that the fund is available at a cheaper value or vice versa. It simply means that you can purchase extra units of a fund with a lower NAV and fewer units of the same in the case of a fund with a higher NAV.

Mutual Fund Companies update the value of their funds’ NAVs on a daily basis. As per SEBI guidelines, companies have to update their NAVs by 9 PM daily.

There are various factors that affect the NAV of a fund:

  1. Profits/ Losses from the underlying assets
  2. Expenses regarding the management of funds
  3. The number of investors who buy and sell units
  4. The type of mutual fund
  5. Dividend Payouts

We have explained each of these points in the paragraph above.