Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Payout Inc Dist cum Cap Wdrl Net Asset Value

NAV details of Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Payout Inc Dist cum Cap Wdrl:

Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Payout Inc Dist cum Cap Wdrl NAV Today(29.09.2022)
₹244.020.5 %
Exit Load
1%

How was the NAV for Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Payout Inc Dist cum Cap Wdrl 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 Payout Inc Dist cum Cap Wdrl NAV calculation:

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

Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Payout Inc Dist cum Cap Wdrl NAV History

Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Payout Inc Dist cum Cap Wdrl NAV Monthly History

Month
Open(₹)
Close(₹)
January
263.34
264
February
264
264.35
March
264.35
267.49
April
267.49
260.09
May
260.09
245.99
June
245.99
233.99
July
233.99
251.88
August
251.88
255.55
September
255.55
-
Month
Open(₹)
Close(₹)
January
220.16
223.45
February
223.45
232.55
March
232.55
235.53
April
235.53
235.44
May
235.44
245.32
June
245.32
248.99
July
248.99
255.59
August
255.59
268.19
September
268.19
268.55
October
268.55
273.67
November
273.67
264.92
December
264.92
263.34
Month
Open(₹)
Close(₹)
January
195.13
193.21
February
193.21
181.89
March
181.89
141.92
April
141.92
161.67
May
161.67
160.12
June
160.12
168.45
July
168.45
176.22
August
176.22
182.96
September
182.96
185.2
October
185.2
188.3
November
188.3
209.07
December
209.07
220.16
Month
Open(₹)
Close(₹)
January
194.75
191.37
February
191.37
192
March
192
201.81
April
201.81
196.55
May
196.55
199.31
June
199.31
195.5
July
195.5
185.03
August
185.03
184.54
September
184.54
189.5
October
189.5
195.87
November
195.87
196.73
December
196.73
195.13
Month
Open(₹)
Close(₹)
January
216.68
216.85
February
216.85
210.01
March
210.01
204.78
April
204.78
212.85
May
212.85
208.61
June
208.61
205.73
July
205.73
208.5
August
208.5
213.74
September
213.74
195.15
October
195.15
191.81
November
191.81
195.82
December
195.82
194.75
Month
Open(₹)
Close(₹)
January
185.94
197.21
February
197.21
200.42
March
200.42
207.48
April
207.48
211.36
May
211.36
213.16
June
213.16
208.21
July
208.21
217.26
August
217.26
218.79
September
218.79
211.3
October
211.3
219.5
November
219.5
217.75
December
217.75
216.68
Month
Open(₹)
Close(₹)
January
172.96
166.7
February
166.7
159.42
March
159.42
169.1
April
169.1
173.39
May
173.39
178.97
June
178.97
185.04
July
185.04
194.09
August
194.09
197.11
September
197.11
197.27
October
197.27
196.57
November
196.57
188.23
December
188.23
185.94
Month
Open(₹)
Close(₹)
January
169.01
175.76
February
175.76
176.15
March
176.15
175.26
April
175.26
169.73
May
169.73
173.07
June
173.07
173.98
July
173.98
178.44
August
178.44
169.22
September
169.22
172.4
October
172.4
174.64
November
174.64
174.59
December
174.59
172.96
Month
Open(₹)
Close(₹)
January
120.32
117.19
February
117.19
120.58
March
120.58
125.73
April
125.73
127.54
May
127.54
140.11
June
140.11
150.57
July
150.57
148.98
August
148.98
156.89
September
156.89
159.03
October
159.03
158.33
November
158.33
166.36
December
166.36
169.01
Month
Open(₹)
Close(₹)
January
113.62
114.41
February
114.41
109.87
March
109.87
108.68
April
108.68
112.85
May
112.85
113.22
June
113.22
111.44
July
111.44
107.06
August
107.06
105.46
September
105.46
110
October
110
117.43
November
117.43
116.89
December
116.89
120.32

What does Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Payout Inc Dist cum Cap Wdrl’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 Payout Inc Dist cum Cap Wdrl as on 29.09.2022 is 12.4.

Check Aditya Birla Sun Life Equity Hybrid '95 Fund Direct Plan Payout Inc Dist cum Cap Wdrl 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.