Navi Ultra Short Term Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl Opt Monthly Net Asset Value

NAV details of Navi Ultra Short Term Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl Opt Monthly:

Navi Ultra Short Term Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl Opt Monthly NAV Today(26.09.2022)
₹1019.790.02 %
Exit Load
0%

How was the NAV for Navi Ultra Short Term Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl Opt Monthly 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.

Navi Ultra Short Term Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl Opt Monthly NAV calculation:

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

Navi Ultra Short Term Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl Opt Monthly NAV History

Navi Ultra Short Term Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl Opt Monthly NAV Monthly History

Month
Open(₹)
Close(₹)
January
1027.78
1024.07
February
1024.07
1023.09
March
1023.09
1022.74
April
1022.74
1024.7
May
1024.7
1018.02
June
1018.02
1018.02
July
1018.02
1019.79
August
1019.79
1019.79
September
1019.79
-
Month
Open(₹)
Close(₹)
January
1034.06
1031.86
February
1031.86
1029.97
March
1029.97
1029.22
April
1029.22
1031.76
May
1031.76
1027.38
June
1027.38
1026.18
July
1026.18
1029.2
August
1029.2
1028.84
September
1028.84
1027.51
October
1027.51
1025.76
November
1025.76
1025.23
December
1025.23
1027.78
Month
Open(₹)
Close(₹)
January
1040.91
1045.42
February
1045.42
1044.47
March
1044.47
1038.95
April
1038.95
1037.46
May
1037.46
1039.28
June
1039.28
1039.38
July
1039.38
1042.64
August
1042.64
1038.4
September
1038.4
1037.28
October
1037.28
1040.01
November
1040.01
1035.49
December
1035.49
1034.06
Month
Open(₹)
Close(₹)
January
1032.38
1033.54
February
1033.54
1034.03
March
1034.03
1040.87
April
1040.87
1036.42
May
1036.42
1043.78
June
1043.78
1038.64
July
1038.64
1041.5
August
1041.5
1047.77
September
1047.77
1042.51
October
1042.51
1043
November
1043
1047.24
December
1047.24
1040.91
Month
Open(₹)
Close(₹)
January
1018.73
1019.67
February
1019.67
1019.92
March
1019.92
1022.02
April
1022.02
1021.43
May
1021.43
1020.94
June
1020.94
1021.61
July
1021.61
1027.77
August
1027.77
1032.98
September
1032.98
1027.16
October
1027.16
1028.59
November
1028.59
1030.35
December
1030.35
1032.38
Month
Open(₹)
Close(₹)
January
1015.22
1015.95
February
1015.95
1014.68
March
1014.68
1014.32
April
1014.32
1014.04
May
1014.04
1015.65
June
1015.65
1015.29
July
1015.29
1016.5
August
1016.5
1017.22
September
1017.22
1016.27
October
1016.27
1017.64
November
1017.64
1018.89
December
1018.89
1018.73
Month
Open(₹)
Close(₹)
January
1013.51
1012.32
February
1012.32
1011.4
March
1011.4
1013.77
April
1013.77
1020.48
May
1020.48
1014.04
June
1014.04
1014
July
1014
1015.19
August
1015.19
1015.21
September
1015.21
1015.09
October
1015.09
1014.83
November
1014.83
1016.32
December
1016.32
1015.22
Month
Open(₹)
Close(₹)
January
1014.67
1013.5
February
1013.5
1012.99
March
1012.99
1014.87
April
1014.87
1014.49
May
1014.49
1015.66
June
1015.66
1015.45
July
1015.45
1015.41
August
1015.41
1015.17
September
1015.17
1015.98
October
1015.98
1015.02
November
1015.02
1014.29
December
1014.29
1013.51
Month
Open(₹)
Close(₹)
January
1014.22
1013.11
February
1013.11
1013.11
March
1013.11
1013.11
April
1013.11
1014.33
May
1014.33
1013.11
June
1013.11
1014.24
July
1014.24
1014.83
August
1014.83
1015.68
September
1015.68
1014.43
October
1014.43
1013.11
November
1013.11
1013.94
December
1013.94
1014.67
Month
Open(₹)
Close(₹)
February
1014.91
1014.77
March
1014.77
1013.11
April
1013.11
1014.11
May
1014.11
1013.11
June
1013.11
1013.11
July
1013.11
1014.44
August
1014.44
1013.11
September
1013.11
1014.3
October
1014.3
1014.97
November
1014.97
1013.11
December
1013.11
1014.22

What does Navi Ultra Short Term Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl Opt Monthly’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 Navi Ultra Short Term Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl Opt Monthly as on 26.09.2022 is 5.21.

Check Navi Ultra Short Term Fund Direct Plan Reinvestment of Income Dis cum Cptl Wdrl Opt Monthly 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.