Invesco India Short Term Fund Direct Monthly Payout of Income Dist cum Capital Wtdrl Net Asset Value

NAV details of Invesco India Short Term Fund Direct Monthly Payout of Income Dist cum Capital Wtdrl:

Invesco India Short Term Fund Direct Monthly Payout of Income Dist cum Capital Wtdrl NAV Today(26.09.2022)
₹2094.180.07 %
Exit Load
0%

How was the NAV for Invesco India Short Term Fund Direct Monthly 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 Short Term Fund Direct Monthly Payout of Income Dist cum Capital Wtdrl NAV calculation:

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

Invesco India Short Term Fund Direct Monthly Payout of Income Dist cum Capital Wtdrl NAV History

Invesco India Short Term Fund Direct Monthly Payout of Income Dist cum Capital Wtdrl NAV Monthly History

Month
Open(₹)
Close(₹)
January
2060.77
2064.55
February
2064.55
2076.7
March
2076.7
2083.05
April
2083.05
2080.64
May
2080.64
2066.62
June
2066.62
2074.25
July
2074.25
2087.37
August
2087.37
2096.94
September
2096.94
-
Month
Open(₹)
Close(₹)
January
1993.19
1982.33
February
1982.33
1979.27
March
1979.27
1992.57
April
1992.57
2008.56
May
2008.56
2016.95
June
2016.95
2018.07
July
2018.07
2032.53
August
2032.53
2046.35
September
2046.35
2046.56
October
2046.56
2048.52
November
2048.52
2057.53
December
2057.53
2060.77
Month
Open(₹)
Close(₹)
January
1843.67
1842.37
February
1842.37
1864.61
March
1864.61
1872.37
April
1872.37
1877.67
May
1877.67
1915.49
June
1915.49
1950
July
1950
1971.53
August
1971.53
1946.62
September
1946.62
1946.2
October
1946.2
1968.66
November
1968.66
1985.83
December
1985.83
1993.19
Month
Open(₹)
Close(₹)
January
2054.49
2066.09
February
2066.09
2083.57
March
2083.57
2112.13
April
2112.13
2115.32
May
2115.32
2145.95
June
2145.95
2154.02
July
2154.02
1859.12
August
1859.12
1842.42
September
1842.42
1847.15
October
1847.15
1845.59
November
1845.59
1842.79
December
1842.79
1843.67
Month
Open(₹)
Close(₹)
January
1933
1933.71
February
1933.71
1940.53
March
1940.53
1965.32
April
1965.32
1960.99
May
1960.99
1961.67
June
1961.67
1973.8
July
1973.8
1993.36
August
1993.36
2002.33
September
2002.33
2002.84
October
2002.84
2014.86
November
2014.86
2036.54
December
2036.54
2054.49
Month
Open(₹)
Close(₹)
January
1834.56
1842.95
February
1842.95
1836.74
March
1836.74
1848.65
April
1848.65
1854.45
May
1854.45
1870.86
June
1870.86
1886.33
July
1886.33
1903.14
August
1903.14
1914.74
September
1914.74
1917.3
October
1917.3
1927.36
November
1927.36
1932.84
December
1932.84
1933
Month
Open(₹)
Close(₹)
January
1844.23
1843.49
February
1843.49
1847.04
March
1847.04
1847.1
April
1847.1
1842.43
May
1842.43
1842.09
June
1842.09
1843.94
July
1843.94
1846.53
August
1846.53
1842.6
September
1842.6
1844.15
October
1844.15
1842.41
November
1842.41
1846.26
December
1846.26
1834.56
Month
Open(₹)
Close(₹)
January
1844.04
1842.5
February
1842.5
1842.76
March
1842.76
1844.86
April
1844.86
1839.73
May
1839.73
1844.95
June
1844.95
1846.55
July
1846.55
1842.92
August
1842.92
1844.03
September
1844.03
1845.28
October
1845.28
1841.62
November
1841.62
1843.32
December
1843.32
1844.23
Month
Open(₹)
Close(₹)
January
1051.41
1050.38
February
1050.38
1050.85
March
1050.85
1051.69
April
1051.69
1051.12
May
1051.12
1050.77
June
1050.77
1051.17
July
1051.17
1050.54
August
1050.54
1051.6
September
1051.6
1050.95
October
1050.95
1055.6
November
1055.6
1844.6
December
1844.6
1844.04
Month
Open(₹)
Close(₹)
January
1049.35
1049.34
February
1049.34
1050.56
March
1050.56
1051.03
April
1051.03
1050.28
May
1050.28
1049.37
June
1049.37
1050.49
July
1050.49
1036.66
August
1036.66
1038.57
September
1038.57
1051.45
October
1051.45
1050.68
November
1050.68
1050.76
December
1050.76
1051.41

What does Invesco India Short Term Fund Direct Monthly 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 Short Term Fund Direct Monthly Payout of Income Dist cum Capital Wtdrl as on 26.09.2022 is 5.51.

Check Invesco India Short Term Fund Direct Monthly 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.