Invesco India Treasury Advantage Fund Direct Plan Discretionary Reinvestment Inc Dist cum Cap Wdrl Net Asset Value

NAV details of Invesco India Treasury Advantage Fund Direct Plan Discretionary Reinvestment Inc Dist cum Cap Wdrl:

Invesco India Treasury Advantage Fund Direct Plan Discretionary Reinvestment Inc Dist cum Cap Wdrl NAV Today(06.10.2022)
₹3229.820.02 %
Exit Load
0%

How was the NAV for Invesco India Treasury Advantage Fund Direct Plan Discretionary Reinvestment Inc 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.

Invesco India Treasury Advantage Fund Direct Plan Discretionary Reinvestment Inc Dist cum Cap Wdrl NAV calculation:

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

Invesco India Treasury Advantage Fund Direct Plan Discretionary Reinvestment Inc Dist cum Cap Wdrl NAV History

Invesco India Treasury Advantage Fund Direct Plan Discretionary Reinvestment Inc Dist cum Cap Wdrl NAV Monthly History

Month
Open(₹)
Close(₹)
January
3142.48
3150.27
February
3150.27
3162.16
March
3162.16
3174.08
April
3174.08
3181.91
May
3181.91
3178.43
June
3178.43
3191.16
July
3191.16
3206.92
August
3206.92
3221.31
September
3221.31
3227.64
October
3227.64
-
Month
Open(₹)
Close(₹)
January
3027.77
3028.51
February
3028.51
3038.44
March
3038.44
3053.13
April
3053.13
3067.7
May
3067.7
3076.87
June
3076.87
3085.25
July
3085.25
3098.68
August
3098.68
3112.08
September
3112.08
3116.57
October
3116.57
3123.38
November
3123.38
3134.26
December
3134.26
3142.48
Month
Open(₹)
Close(₹)
January
2818.85
2835.83
February
2835.83
2851.27
March
2851.27
2863.28
April
2863.28
2874.89
May
2874.89
2918.29
June
2918.29
2947.21
July
2947.21
2966.73
August
2966.73
2978.94
September
2978.94
2987.47
October
2987.47
3004.52
November
3004.52
3020.1
December
3020.1
3027.77
Month
Open(₹)
Close(₹)
January
2580.18
2596.75
February
2596.75
2614.58
March
2614.58
2642.15
April
2642.15
2654.95
May
2654.95
2684.37
June
2684.37
2697.71
July
2697.71
2725.25
August
2725.25
2748.24
September
2748.24
2763.8
October
2763.8
2791.95
November
2791.95
2807.35
December
2807.35
2818.85
Month
Open(₹)
Close(₹)
January
2403.28
2413.3
February
2413.3
2425.47
March
2425.47
2444.94
April
2444.94
2449.69
May
2449.69
2461.3
June
2461.3
2477.95
July
2477.95
2495.98
August
2495.98
2510.39
September
2510.39
2519.49
October
2519.49
2536.25
November
2536.25
2557.06
December
2557.06
2580.18
Month
Open(₹)
Close(₹)
January
1523.15
1533.7
February
1533.7
1540.77
March
1540.77
1545.33
April
1545.33
1545.33
May
1545.33
1475.94
June
1475.94
1484.83
July
1484.83
1496.04
August
1496.04
1505.6
September
1505.6
1511.09
October
1511.09
1516.92
November
1516.92
2394.19
December
2394.19
2403.28
Month
Open(₹)
Close(₹)
January
1372.07
1379.76
February
1379.76
1387.26
March
1387.26
1400.78
April
1400.78
1410.09
May
1410.09
1420.38
June
1420.38
1430.36
July
1430.36
1444.63
August
1444.63
1455.28
September
1455.28
1475.77
October
1475.77
1503.42
November
1503.42
1519.63
December
1519.63
1523.15
Month
Open(₹)
Close(₹)
January
1233.14
1256.84
February
1256.84
1263.9
March
1263.9
1289.76
April
1289.76
1298.49
May
1298.49
1308.86
June
1308.86
1317.32
July
1317.32
1326.72
August
1326.72
1335.8
September
1335.8
1346.51
October
1346.51
1355.37
November
1355.37
1363.68
December
1363.68
1372.07
Month
Open(₹)
Close(₹)
January
1107.52
1115.89
February
1115.89
1123.34
March
1123.34
1134.36
April
1134.36
1162.29
May
1162.29
1171.6
June
1171.6
1179.51
July
1179.51
1188.23
August
1188.23
1196.48
September
1196.48
1205.32
October
1205.32
1214.73
November
1214.73
1224.87
December
1224.87
1233.14
Month
Open(₹)
Close(₹)
January
1014.13
1020.99
February
1020.99
1027.29
March
1027.29
1034.99
April
1034.99
1044.1
May
1044.1
1050.98
June
1050.98
1057.87
July
1057.87
1058.22
August
1058.22
1062.32
September
1062.32
1079.87
October
1079.87
1091.45
November
1091.45
1098.4
December
1098.4
1107.52

What does Invesco India Treasury Advantage Fund Direct Plan Discretionary Reinvestment Inc 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 Invesco India Treasury Advantage Fund Direct Plan Discretionary Reinvestment Inc Dist cum Cap Wdrl as on 06.10.2022 is 4.67.

Check Invesco India Treasury Advantage Fund Direct Plan Discretionary Reinvestment Inc Dist cum Cap Wdrl 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.