Invesco India Multicap Fund Direct Plan Payout of Income Dist cum Capital Wtdrl Net Asset Value

NAV details of Invesco India Multicap Fund Direct Plan Payout of Income Dist cum Capital Wtdrl:

Invesco India Multicap Fund Direct Plan Payout of Income Dist cum Capital Wtdrl NAV Today(25.09.2022)
₹81.361.81 %
Exit Load
1%

How was the NAV for Invesco India Multicap Fund Direct Plan Payout of Income Dist cum Capital Wtdrl 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.

Invesco India Multicap Fund Direct Plan Payout of Income Dist cum Capital Wtdrl NAV calculation:

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

Invesco India Multicap Fund Direct Plan Payout of Income Dist cum Capital Wtdrl NAV History

Invesco India Multicap Fund Direct Plan Payout of Income Dist cum Capital Wtdrl NAV Monthly History

Month
Open(₹)
Close(₹)
January
83.41
82.97
February
82.97
76.05
March
76.05
79.36
April
79.36
77.3
May
77.3
74.88
June
74.88
70.81
July
70.81
78.39
August
78.39
80.71
September
80.71
-
Month
Open(₹)
Close(₹)
January
58.79
60.35
February
60.35
64.01
March
64.01
64.12
April
64.12
64.4
May
64.4
70.54
June
70.54
74.1
July
74.1
78.13
August
78.13
79.25
September
79.25
81.09
October
81.09
83.73
November
83.73
81.65
December
81.65
83.41
Month
Open(₹)
Close(₹)
January
48.62
50.88
February
50.88
49.51
March
49.51
35.52
April
35.52
41.79
May
41.79
41.87
June
41.87
43.42
July
43.42
45.17
August
45.17
47.77
September
47.77
48.64
October
48.64
48.7
November
48.7
55.14
December
55.14
58.79
Month
Open(₹)
Close(₹)
January
45.83
44.57
February
44.57
43.91
March
43.91
47.12
April
47.12
46.41
May
46.41
47.01
June
47.01
46.82
July
46.82
43.01
August
43.01
44.06
September
44.06
45.87
October
45.87
47.88
November
47.88
48.48
December
48.48
48.62
Month
Open(₹)
Close(₹)
January
51.45
50.44
February
50.44
48.28
March
48.28
47.07
April
47.07
50.42
May
50.42
49
June
49
46.89
July
46.89
48.93
August
48.93
51.78
September
51.78
45.4
October
45.4
44.66
November
44.66
45.59
December
45.59
45.83
Month
Open(₹)
Close(₹)
January
34.69
37.84
February
37.84
38.94
March
38.94
40.77
April
40.77
42.94
May
42.94
42.58
June
42.58
42.31
July
42.31
44.28
August
44.28
44.7
September
44.7
44.59
October
44.59
47.93
November
47.93
48.89
December
48.89
51.45
Month
Open(₹)
Close(₹)
January
34.08
31.97
February
31.97
29.3
March
29.3
31.14
April
31.14
32.37
May
32.37
33.33
June
33.33
34.95
July
34.95
36.47
August
36.47
36.9
September
36.9
37.4
October
37.4
38.43
November
38.43
35.62
December
35.62
34.69
Month
Open(₹)
Close(₹)
January
31.22
32.42
February
32.42
33.61
March
33.61
33.9
April
33.9
32.23
May
32.23
33
June
33
33.27
July
33.27
34.71
August
34.71
32.06
September
32.06
32.78
October
32.78
33.28
November
33.28
33.27
December
33.27
34.08
Month
Open(₹)
Close(₹)
January
19.8
18.71
February
18.71
19.55
March
19.55
21.58
April
21.58
21.99
May
21.99
25.4
June
25.4
27.81
July
27.81
27.34
August
27.34
26.83
September
26.83
27.6
October
27.6
28.5
November
28.5
30.52
December
30.52
31.22
Month
Open(₹)
Close(₹)
January
17.8
17.58
February
17.58
16.49
March
16.49
16.17
April
16.17
16.71
May
16.71
17.22
June
17.22
16.73
July
16.73
15.57
August
15.57
14.99
September
14.99
16.15
October
16.15
18.17
November
18.17
18.52
December
18.52
19.8

What does Invesco India Multicap Fund Direct Plan Payout of Income Dist cum Capital Wtdrl’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 Invesco India Multicap Fund Direct Plan Payout of Income Dist cum Capital Wtdrl as on 25.09.2022 is 18.1.

Check Invesco India Multicap Fund Direct Plan Payout of Income Dist cum Capital Wtdrl 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.