Canara Robeco Liquid Direct Plan Payout of Income Dist cum Cap Wdrl Net Asset Value

NAV details of Canara Robeco Liquid Direct Plan Payout of Income Dist cum Cap Wdrl:

Canara Robeco Liquid Direct Plan Payout of Income Dist cum Cap Wdrl NAV Today(05.10.2022)
₹1867.770.02 %
Exit Load
0.01%

How was the NAV for Canara Robeco Liquid Direct Plan Payout 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.

Canara Robeco Liquid Direct Plan Payout of Income Dist cum Cap Wdrl NAV calculation:

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

Canara Robeco Liquid Direct Plan Payout of Income Dist cum Cap Wdrl NAV History

Canara Robeco Liquid Direct Plan Payout of Income Dist cum Cap Wdrl NAV Monthly History

Month
Open(₹)
Close(₹)
January
1809.56
1814.89
February
1814.89
1819.79
March
1819.79
1825.32
April
1825.32
1830.51
May
1830.51
1836.76
June
1836.76
1843.5
July
1843.5
1851.1
August
1851.1
1859.61
September
1859.61
1867.77
October
1867.77
-
Month
Open(₹)
Close(₹)
January
1752.55
1757.08
February
1757.08
1761.22
March
1761.22
1766.04
April
1766.04
1770.57
May
1770.57
1775.45
June
1775.45
1780.23
July
1780.23
1785.12
August
1785.12
1790.11
September
1790.11
1794.63
October
1794.63
1799.38
November
1799.38
1804.48
December
1804.48
1809.56
Month
Open(₹)
Close(₹)
January
1690.19
1696.88
February
1696.88
1704.19
March
1704.19
1710.98
April
1710.98
1716.25
May
1716.25
1721.23
June
1721.23
1725.73
July
1725.73
1730.01
August
1730.01
1734.8
September
1734.8
1739.2
October
1739.2
1743.95
November
1743.95
1748.34
December
1748.34
1752.55
Month
Open(₹)
Close(₹)
January
1588.91
1598.14
February
1598.14
1606.66
March
1606.66
1617.34
April
1617.34
1626.6
May
1626.6
1635.6
June
1635.6
1644.75
July
1644.75
1653.37
August
1653.37
1660.7
September
1660.7
1668.55
October
1668.55
1675.94
November
1675.94
1683.12
December
1683.12
1690.19
Month
Open(₹)
Close(₹)
January
1479.26
1487.38
February
1487.38
1494.97
March
1494.97
1504.86
April
1504.86
1513.51
May
1513.51
1522.44
June
1522.44
1532.02
July
1532.02
1541.57
August
1541.57
1550.81
September
1550.81
1559.9
October
1559.9
1569.57
November
1569.57
1579.16
December
1579.16
1588.91
Month
Open(₹)
Close(₹)
January
1388.4
1396.05
February
1396.05
1403.09
March
1403.09
1410.78
April
1410.78
1418.07
May
1418.07
1425.7
June
1425.7
1433.15
July
1433.15
1440.95
August
1440.95
1448.64
September
1448.64
1456.04
October
1456.04
1463.75
November
1463.75
1471.37
December
1471.37
1479.26
Month
Open(₹)
Close(₹)
January
1291.1
1299.23
February
1299.23
1307.14
March
1307.14
1317.4
April
1317.4
1325.7
May
1325.7
1334.11
June
1334.11
1342.33
July
1342.33
1350.37
August
1350.37
1358.14
September
1358.14
1365.69
October
1365.69
1373.47
November
1373.47
1381.01
December
1381.01
1388.4
Month
Open(₹)
Close(₹)
January
1192.66
1201.16
February
1201.16
1208.87
March
1208.87
1218
April
1218
1226.36
May
1226.36
1234.93
June
1234.93
1243.07
July
1243.07
1251.4
August
1251.4
1259.48
September
1259.48
1267.41
October
1267.41
1275.35
November
1275.35
1282.98
December
1282.98
1291.1
Month
Open(₹)
Close(₹)
January
1093.22
1101.12
February
1101.12
1108.69
March
1108.69
1117.47
April
1117.47
1125.94
May
1125.94
1134.39
June
1134.39
1142.48
July
1142.48
1150.84
August
1150.84
1159.2
September
1159.2
1167.44
October
1167.44
1175.95
November
1175.95
1184.18
December
1184.18
1192.66
Month
Open(₹)
Close(₹)
January
1000.24
1007.5
February
1007.5
1013.98
March
1013.98
1021.68
April
1021.68
1028.93
May
1028.93
1036.13
June
1036.13
1043.04
July
1043.04
1048.48
August
1048.48
1058.19
September
1058.19
1067.56
October
1067.56
1076.74
November
1076.74
1084.91
December
1084.91
1093.22

What does Canara Robeco Liquid Direct Plan Payout 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 Canara Robeco Liquid Direct Plan Payout of Income Dist cum Cap Wdrl as on 05.10.2022 is 6.62.

Check Canara Robeco Liquid Direct Plan Payout 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.