DSP Ultra Short Fund Direct Plan Payout of Income Distribution cum capital Wdrl Opt Net Asset Value

NAV details of DSP Ultra Short Fund Direct Plan Payout of Income Distribution cum capital Wdrl Opt:

DSP Ultra Short Fund Direct Plan Payout of Income Distribution cum capital Wdrl Opt NAV Today(04.10.2022)
₹1104.340.08 %
Exit Load
0%

How was the NAV for DSP Ultra Short Fund Direct Plan Payout of Income Distribution cum capital Wdrl Opt 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.

DSP Ultra Short Fund Direct Plan Payout of Income Distribution cum capital Wdrl Opt NAV calculation:

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

DSP Ultra Short Fund Direct Plan Payout of Income Distribution cum capital Wdrl Opt NAV History

DSP Ultra Short Fund Direct Plan Payout of Income Distribution cum capital Wdrl Opt NAV Monthly History

Month
Open(₹)
Close(₹)
January
1100.04
1103.84
February
1103.84
1107.22
March
1107.22
1101.42
April
1101.42
1104.5
May
1104.5
1105.89
June
1105.89
1102.95
July
1102.95
1107.7
August
1107.7
1112.87
September
1112.87
1103.41
October
1103.41
-
Month
Open(₹)
Close(₹)
January
1095.43
1097.55
February
1097.55
1100.75
March
1100.75
1097.68
April
1097.68
1101.23
May
1101.23
1104.35
June
1104.35
1098.67
July
1098.67
1102.28
August
1102.28
1106.39
September
1106.39
1098.84
October
1098.84
1101.22
November
1101.22
1104.84
December
1104.84
1100.04
Month
Open(₹)
Close(₹)
January
1084.17
1089.62
February
1089.62
1094.55
March
1094.55
1092
April
1092
1098.67
May
1098.67
1107.92
June
1107.92
1093.66
July
1093.66
1097.2
August
1097.2
1100.83
September
1100.83
1094.43
October
1094.43
1098.95
November
1098.95
1102.65
December
1102.65
1095.43
Month
Open(₹)
Close(₹)
January
1075.83
1083.54
February
1083.54
1089.98
March
1089.98
1079.05
April
1079.05
1084.34
May
1084.34
1093.24
June
1093.24
1080.51
July
1080.51
1090.2
August
1090.2
1097.52
September
1097.52
1082.86
October
1082.86
1090.65
November
1090.65
1095.91
December
1095.91
1084.17
Month
Open(₹)
Close(₹)
January
1064.79
1069.91
February
1069.91
1075.54
March
1075.54
1083.95
April
1083.95
1071.4
May
1071.4
1077.28
June
1077.28
1070.05
July
1070.05
1077.48
August
1077.48
1084.18
September
1084.18
1072.61
October
1072.61
1079.65
November
1079.65
1087.05
December
1087.05
1075.83
Month
Open(₹)
Close(₹)
January
1058.52
1065.21
February
1065.21
1070.51
March
1070.51
1077.5
April
1077.5
1083.08
May
1083.08
1090.09
June
1090.09
1061.36
July
1061.36
1068.41
August
1068.41
1074.74
September
1074.74
1062.87
October
1062.87
1068.89
November
1068.89
1074.16
December
1074.16
1064.79
Month
Open(₹)
Close(₹)
January
1076.51
1081.7
February
1081.7
1088.17
March
1088.17
1013.57
April
1013.57
1019.95
May
1019.95
1027.17
June
1027.17
1034.37
July
1034.37
1042.61
August
1042.61
1049.49
September
1049.49
1056.63
October
1056.63
1063.27
November
1063.27
1071.44
December
1071.44
1058.52
Month
Open(₹)
Close(₹)
January
1036.95
1044.12
February
1044.12
1050.35
March
1050.35
1013.69
April
1013.69
1020.2
May
1020.2
1028.19
June
1028.19
1035.01
July
1035.01
1042.83
August
1042.83
1050.03
September
1050.03
1057.51
October
1057.51
1063.61
November
1063.61
1070.24
December
1070.24
1076.51
Month
Open(₹)
Close(₹)
January
1114.37
1121.2
February
1121.2
1128.49
March
1128.49
1139.09
April
1139.09
1147.53
May
1147.53
1156.11
June
1156.11
1165.42
July
1165.42
1173.49
August
1173.49
1181.99
September
1181.99
1014
October
1014
1022.04
November
1022.04
1030.1
December
1030.1
1036.95
Month
Open(₹)
Close(₹)
January
1015.12
1022.02
February
1022.02
1027.72
March
1027.72
1036.03
April
1036.03
1044.7
May
1044.7
1052.42
June
1052.42
1059.54
July
1059.54
1061.75
August
1061.75
1070.63
September
1070.63
1087.23
October
1087.23
1098.15
November
1098.15
1104.87
December
1104.87
1114.37

What does DSP Ultra Short Fund Direct Plan Payout of Income Distribution cum capital Wdrl Opt’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 DSP Ultra Short Fund Direct Plan Payout of Income Distribution cum capital Wdrl Opt as on 04.10.2022 is 5.57.

Check DSP Ultra Short Fund Direct Plan Payout of Income Distribution cum capital Wdrl Opt 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.