Invesco India Ultra Short Term Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl Net Asset Value

NAV details of Invesco India Ultra Short Term Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl:

Invesco India Ultra Short Term Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl NAV Today(29.09.2022)
₹1675.330.03 %
Exit Load
0%

How was the NAV for Invesco India Ultra Short Term Fund Direct Plan Annual Payout 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 Ultra Short Term Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl NAV calculation:

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

Invesco India Ultra Short Term Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl NAV History

Invesco India Ultra Short Term Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl NAV Monthly History

Month
Open(₹)
Close(₹)
January
1626.59
1631.75
February
1631.75
1637.36
March
1637.36
1643.68
April
1643.68
1648.63
May
1648.63
1649.72
June
1649.72
1656.75
July
1656.75
1664.45
August
1664.45
1672.34
September
1672.34
-
Month
Open(₹)
Close(₹)
January
1568.79
1571.79
February
1571.79
1576.82
March
1576.82
1582.45
April
1582.45
1588.06
May
1588.06
1592.64
June
1592.64
1596.95
July
1596.95
1602.73
August
1602.73
1609.12
September
1609.12
1612.39
October
1612.39
1616.22
November
1616.22
1621.75
December
1621.75
1626.59
Month
Open(₹)
Close(₹)
January
1483.29
1490.68
February
1490.68
1497.16
March
1497.16
1504.58
April
1504.58
1513.62
May
1513.62
1528.38
June
1528.38
1537.36
July
1537.36
1543.26
August
1543.26
1548.26
September
1548.26
1552.52
October
1552.52
1558.74
November
1558.74
1564.34
December
1564.34
1568.79
Month
Open(₹)
Close(₹)
January
1371.79
1380.91
February
1380.91
1389.51
March
1389.51
1401.8
April
1401.8
1408.88
May
1408.88
1419.89
June
1419.89
1428.42
July
1428.42
1441.48
August
1441.48
1451.1
September
1451.1
1459.03
October
1459.03
1469.81
November
1469.81
1476.84
December
1476.84
1483.29
Month
Open(₹)
Close(₹)
January
1272.54
1278.08
February
1278.08
1285.08
March
1285.08
1294.98
April
1294.98
1301.34
May
1301.34
1309.15
June
1309.15
1317.18
July
1317.18
1326.76
August
1326.76
1334.64
September
1334.64
1341.38
October
1341.38
1350
November
1350
1360.04
December
1360.04
1371.79
Month
Open(₹)
Close(₹)
January
1179.6
1191
February
1191
1197.09
March
1197.09
1205.11
April
1205.11
1213.54
May
1213.54
1222.64
June
1222.64
1230.05
July
1230.05
1240.3
August
1240.3
1248.04
September
1248.04
1253.72
October
1253.72
1262.07
November
1262.07
1267.22
December
1267.22
1272.54
Month
Open(₹)
Close(₹)
January
1162.87
1170.09
February
1170.09
1178.66
March
1178.66
1103.43
April
1103.43
1111.76
May
1111.76
1120.56
June
1120.56
1129.09
July
1129.09
1139.52
August
1139.52
1148.17
September
1148.17
1155.78
October
1155.78
1164.31
November
1164.31
1176.47
December
1176.47
1179.6
Month
Open(₹)
Close(₹)
January
1129.3
1145.98
February
1145.98
1153.05
March
1153.05
1098.54
April
1098.54
1102.09
May
1102.09
1109.58
June
1109.58
1110.79
July
1110.79
1119.88
August
1119.88
1128.63
September
1128.63
1138.11
October
1138.11
1146.33
November
1146.33
1154.98
December
1154.98
1162.87
Month
Open(₹)
Close(₹)
January
1152.8
1159.44
February
1159.44
1165.16
March
1165.16
1041.82
April
1041.82
1049.81
May
1049.81
1062.12
June
1062.12
1068.41
July
1068.41
1076.2
August
1076.2
1084.85
September
1084.85
1093.25
October
1093.25
1107.24
November
1107.24
1122.02
December
1122.02
1129.3
Month
Open(₹)
Close(₹)
January
1094.3
1101.73
February
1101.73
1107.07
March
1107.07
1098.93
April
1098.93
1113.18
May
1113.18
1124.49
June
1124.49
1120.29
July
1120.29
1101.08
August
1101.08
1111.93
September
1111.93
1128.42
October
1128.42
1139.97
November
1139.97
1145.31
December
1145.31
1152.8

What does Invesco India Ultra Short Term Fund Direct Plan Annual Payout 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 Ultra Short Term Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl as on 29.09.2022 is 6.68.

Check Invesco India Ultra Short Term Fund Direct Plan Annual Payout Inc Dist cum Cap Wdrl 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.