Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl Net Asset Value

NAV details of Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl:

Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl NAV Today(07.10.2022)
₹67.551.81 %
Exit Load
1%

How was the NAV for Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl 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.

Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl NAV calculation:

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

Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl NAV History

Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl NAV Monthly History

Month
Open(₹)
Close(₹)
January
75.89
76.34
February
76.34
71.64
March
71.64
68.34
April
68.34
66.98
May
66.98
64.54
June
64.54
62.09
July
62.09
68.21
August
68.21
68.96
September
68.96
67.08
October
67.08
-
Month
Open(₹)
Close(₹)
January
59.05
61.46
February
61.46
65.22
March
65.22
60.84
April
60.84
61.1
May
61.1
65.05
June
65.05
67.49
July
67.49
70.02
August
70.02
73.66
September
73.66
75.04
October
75.04
77.37
November
77.37
74.54
December
74.54
75.89
Month
Open(₹)
Close(₹)
January
51.4
47.92
February
47.92
45.94
March
45.94
33.87
April
33.87
40.23
May
40.23
39.95
June
39.95
43.06
July
43.06
45.44
August
45.44
48.38
September
48.38
48.51
October
48.51
49.37
November
49.37
55.66
December
55.66
59.05
Month
Open(₹)
Close(₹)
January
44.22
43.61
February
43.61
43.7
March
43.7
47.15
April
47.15
46.96
May
46.96
48.12
June
48.12
48.09
July
48.09
44.99
August
44.99
45.63
September
45.63
46.63
October
46.63
49.76
November
49.76
50.8
December
50.8
51.4
Month
Open(₹)
Close(₹)
January
50.48
49.92
February
49.92
47.47
March
47.47
45.46
April
45.46
48.6
May
48.6
46.82
June
46.82
45.71
July
45.71
48.04
August
48.04
50.47
September
50.47
46.01
October
46.01
46.11
November
46.11
47.55
December
47.55
44.22
Month
Open(₹)
Close(₹)
January
33.81
36.82
February
36.82
38.68
March
38.68
40.41
April
40.41
42.36
May
42.36
43.31
June
43.31
43.25
July
43.25
45.26
August
45.26
45.15
September
45.15
44.91
October
44.91
48.06
November
48.06
48.15
December
48.15
50.48
Month
Open(₹)
Close(₹)
January
30.09
28.05
February
28.05
26.4
March
26.4
28.11
April
28.11
29.19
May
29.19
30.2
June
30.2
32.01
July
32.01
33.59
August
33.59
35.06
September
35.06
35.56
October
35.56
37.21
November
37.21
34.53
December
34.53
33.81
Month
Open(₹)
Close(₹)
January
26.14
27.32
February
27.32
27.37
March
27.37
27.85
April
27.85
26.78
May
26.78
27.77
June
27.77
28.41
July
28.41
29.8
August
29.8
27.87
September
27.87
28.67
October
28.67
29.07
November
29.07
29.65
December
29.65
30.09
Month
Open(₹)
Close(₹)
January
14.02
13.8
February
13.8
14.76
March
14.76
15.88
April
15.88
16.22
May
16.22
18.36
June
18.36
20.2
July
20.2
20.25
August
20.25
21.9
September
21.9
23.16
October
23.16
24.01
November
24.01
25.2
December
25.2
26.14
Month
Open(₹)
Close(₹)
January
12.81
12.62
February
12.62
11.89
March
11.89
11.72
April
11.72
12.07
May
12.07
12.18
June
12.18
11.79
July
11.79
11.08
August
11.08
10.81
September
10.81
11.54
October
11.54
12.68
November
12.68
13.09
December
13.09
14.02

What does Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl 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 Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl wdrl as on 07.10.2022 is 22.25.

Check Mirae Asset Emerging Bluechip Fund Direct Plan Payout of Income Distribution cum cptl 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.