Baroda BNP Paribas Liquid Fund Direct Weekly Reinvestment of Income Dist cum Cap Wdrl Net Asset Value

NAV details of Baroda BNP Paribas Liquid Fund Direct Weekly Reinvestment of Income Dist cum Cap Wdrl:

Baroda BNP Paribas Liquid Fund Direct Weekly Reinvestment of Income Dist cum Cap Wdrl NAV Today(30.09.2022)
₹1218.580.01 %
Exit Load
0.01%

How was the NAV for Baroda BNP Paribas Liquid Fund Direct Weekly Reinvestment of Income 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.

Baroda BNP Paribas Liquid Fund Direct Weekly Reinvestment of Income Dist cum Cap Wdrl NAV calculation:

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

Baroda BNP Paribas Liquid Fund Direct Weekly Reinvestment of Income Dist cum Cap Wdrl NAV History

Baroda BNP Paribas Liquid Fund Direct Weekly Reinvestment of Income Dist cum Cap Wdrl NAV Monthly History

Month
Open(₹)
Close(₹)
January
1219.05
1218.5
February
1218.5
1218.5
March
1218.5
1218.91
April
1218.91
1219.04
May
1219.04
1218.64
June
1218.64
1219.13
July
1219.13
1219.53
August
1219.53
1218.84
September
1218.84
-
Month
Open(₹)
Close(₹)
January
1218.68
1219.13
February
1219.13
1219.15
March
1219.15
1218.68
April
1218.68
1218.98
May
1218.98
1218.49
June
1218.49
1218.79
July
1218.79
1219.08
August
1219.08
1218.67
September
1218.67
1218.81
October
1218.81
1219.12
November
1219.12
1218.6
December
1218.6
1219.05
Month
Open(₹)
Close(₹)
January
1218.93
1219.27
February
1219.27
1219.55
March
1219.55
1219.44
April
1219.44
1219.61
May
1219.61
1219.63
June
1219.63
1219.17
July
1219.17
1218.81
August
1218.81
1218.47
September
1218.47
1218.76
October
1218.76
1219.05
November
1219.05
1219.3
December
1219.3
1218.68
Month
Open(₹)
Close(₹)
January
1219.81
1219.87
February
1219.87
1219.94
March
1219.94
1221.46
April
1221.46
1219.49
May
1219.49
1219.9
June
1219.9
1220.09
July
1220.09
1219.34
August
1219.34
1219.74
September
1219.74
1218.87
October
1218.87
1219.18
November
1219.18
1219.69
December
1219.69
1218.93
Month
Open(₹)
Close(₹)
January
1220.4
1219.62
February
1219.62
1219.63
March
1219.63
1220.73
April
1220.73
1221.47
May
1221.47
1220.25
June
1220.25
1220.97
July
1220.97
1219.88
August
1219.88
1220.19
September
1220.19
1219.49
October
1219.49
1219.99
November
1219.99
1220.29
December
1220.29
1219.81
Month
Open(₹)
Close(₹)
January
1225.46
1224.56
February
1224.56
1224.63
March
1224.63
1225.26
April
1225.26
1225.71
May
1225.71
1224.8
June
1224.8
1224.81
July
1224.81
1224.4
August
1224.4
1219.79
September
1219.79
1219.82
October
1219.82
1219.38
November
1219.38
1219.59
December
1219.59
1220.4
Month
Open(₹)
Close(₹)
January
1225.26
1224.1
February
1224.1
1224.37
March
1224.37
1226.84
April
1226.84
1226.04
May
1226.04
1224.72
June
1224.72
1225.38
July
1225.38
1224.36
August
1224.36
1224.92
September
1224.92
1225.17
October
1225.17
1224.17
November
1224.17
1224.88
December
1224.88
1225.46
Month
Open(₹)
Close(₹)
January
1141.59
1149.79
February
1149.79
1157.23
March
1157.23
1165.95
April
1165.95
1174.17
May
1174.17
1182.85
June
1182.85
1190.86
July
1190.86
1198.71
August
1198.71
1206.95
September
1206.95
1214.75
October
1214.75
1222.65
November
1222.65
1224.36
December
1224.36
1225.26
Month
Open(₹)
Close(₹)
January
1045.1
1052.7
February
1052.7
1059.72
March
1059.72
1069.3
April
1069.3
1077.36
May
1077.36
1085.5
June
1085.5
1093.27
July
1093.27
1101.2
August
1101.2
1109.19
September
1109.19
1117.19
October
1117.19
1125.19
November
1125.19
1133.38
December
1133.38
1141.59
Month
Open(₹)
Close(₹)
February
1001.4
1001.06
March
1001.06
1000.57
April
1000.57
1001.11
May
1001.11
1001.35
June
1001.35
1000.12
July
1000.12
1002.18
August
1002.18
1011.48
September
1011.48
1020.4
October
1020.4
1029.19
November
1029.19
1037.11
December
1037.11
1045.1

What does Baroda BNP Paribas Liquid Fund Direct Weekly Reinvestment of Income 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 Baroda BNP Paribas Liquid Fund Direct Weekly Reinvestment of Income Dist cum Cap Wdrl as on 30.09.2022 is 5.74.

Check Baroda BNP Paribas Liquid Fund Direct Weekly Reinvestment of Income 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.