Invesco India Treasury Advantage Fund Direct Plan Bonus Net Asset Value

NAV details of Invesco India Treasury Advantage Fund Direct Plan Bonus:

Invesco India Treasury Advantage Fund Direct Plan Bonus NAV Today(02.10.2022)
₹1792.380.04 %
Exit Load
0%

How was the NAV for Invesco India Treasury Advantage Fund Direct Plan Bonus 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 Treasury Advantage Fund Direct Plan Bonus NAV calculation:

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

Invesco India Treasury Advantage Fund Direct Plan Bonus NAV History

Invesco India Treasury Advantage Fund Direct Plan Bonus NAV Monthly History

Month
Open(₹)
Close(₹)
January
1745.09
1749.42
February
1749.42
1756.02
March
1756.02
1762.64
April
1762.64
1766.99
May
1766.99
1765.05
June
1765.05
1772.12
July
1772.12
1780.88
August
1780.88
1788.86
September
1788.86
-
Month
Open(₹)
Close(₹)
January
1681.39
1681.8
February
1681.8
1687.31
March
1687.31
1695.47
April
1695.47
1703.56
May
1703.56
1708.65
June
1708.65
1713.3
July
1713.3
1720.77
August
1720.77
1728.2
September
1728.2
1730.7
October
1730.7
1734.48
November
1734.48
1740.53
December
1740.53
1745.09
Month
Open(₹)
Close(₹)
January
1565.38
1574.8
February
1574.8
1583.36
March
1583.36
1590.06
April
1590.06
1596.51
May
1596.51
1620.61
June
1620.61
1636.67
July
1636.67
1647.49
August
1647.49
1654.28
September
1654.28
1659.01
October
1659.01
1668.48
November
1668.48
1677.13
December
1677.13
1681.39
Month
Open(₹)
Close(₹)
January
1432.85
1442.05
February
1442.05
1451.95
March
1451.95
1467.26
April
1467.26
1474.37
May
1474.37
1490.71
June
1490.71
1498.12
July
1498.12
1513.41
August
1513.41
1526.18
September
1526.18
1534.81
October
1534.81
1550.44
November
1550.44
1558.99
December
1558.99
1565.38
Month
Open(₹)
Close(₹)
January
1335
1340.55
February
1340.55
1347.31
March
1347.31
1358.11
April
1358.11
1360.69
May
1360.69
1367.05
June
1367.05
1376.3
July
1376.3
1386.21
August
1386.21
1394.22
September
1394.22
1399.27
October
1399.27
1408.5
November
1408.5
1420.02
December
1420.02
1432.85
Month
Open(₹)
Close(₹)
January
1248.92
1257.56
February
1257.56
1263.35
March
1263.35
1270.32
April
1270.32
1276.84
May
1276.84
1285.54
June
1285.54
1293.29
July
1293.29
1303.05
August
1303.05
1311.38
September
1311.38
1316.14
October
1316.14
1324.5
November
1324.5
1330.06
December
1330.06
1335
Month
Open(₹)
Close(₹)
January
1146.89
1153.33
February
1153.33
1159.65
March
1159.65
1170.98
April
1170.98
1178.68
May
1178.68
1187.19
June
1187.19
1195.74
July
1195.74
1207.76
August
1207.76
1216.69
September
1216.69
1224.69
October
1224.69
1233.08
November
1233.08
1246.05
December
1246.05
1248.92
Month
Open(₹)
Close(₹)
January
1055.49
1063.45
February
1063.45
1069.41
March
1069.41
1078.57
April
1078.57
1085.39
May
1085.39
1094.06
June
1094.06
1101.13
July
1101.13
1108.99
August
1108.99
1116.58
September
1116.58
1125.53
October
1125.53
1132.93
November
1132.93
1139.87
December
1139.87
1146.89
Month
Open(₹)
Close(₹)
January
618.94
623.62
February
623.62
627.78
March
627.78
631.49
April
631.49
994.98
May
994.98
1002.93
June
1002.93
1010.23
July
1010.23
1017.06
August
1017.06
1024.15
September
1024.15
1031.72
October
1031.72
1039.77
November
1039.77
1048.42
December
1048.42
1055.49
Month
Open(₹)
Close(₹)
January
566.75
570.58
February
570.58
574.1
March
574.1
578.4
April
578.4
583.49
May
583.49
587.34
June
587.34
591.19
July
591.19
591.39
August
591.39
593.68
September
593.68
603.49
October
603.49
609.96
November
609.96
613.84
December
613.84
618.94

What does Invesco India Treasury Advantage Fund Direct Plan Bonus’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 Treasury Advantage Fund Direct Plan Bonus as on 02.10.2022 is 7.26.

Check Invesco India Treasury Advantage Fund Direct Plan Bonus to get a detailed description of the total returns.

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.