SBI Healthcare Opportunities Fund Direct Payout Inc Dist cum Cap Wdrl Net Asset Value

NAV details of SBI Healthcare Opportunities Fund Direct Payout Inc Dist cum Cap Wdrl:

SBI Healthcare Opportunities Fund Direct Payout Inc Dist cum Cap Wdrl NAV Today(25.09.2022)
₹166.590.69 %
Exit Load
0.5%

How was the NAV for SBI Healthcare Opportunities Fund Direct 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.

SBI Healthcare Opportunities Fund Direct Payout Inc Dist cum Cap Wdrl NAV calculation:

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

SBI Healthcare Opportunities Fund Direct Payout Inc Dist cum Cap Wdrl NAV History

SBI Healthcare Opportunities Fund Direct Payout Inc Dist cum Cap Wdrl NAV Monthly History

Month
Open(₹)
Close(₹)
January
181.09
170.04
February
170.04
163.89
March
163.89
170.01
April
170.01
170.07
May
170.07
156.32
June
156.32
154.29
July
154.29
162.54
August
162.54
164.61
September
164.61
-
Month
Open(₹)
Close(₹)
January
150.48
146.25
February
146.25
147.22
March
147.22
149.63
April
149.63
162.05
May
162.05
170.83
June
170.83
176.32
July
176.32
178.78
August
178.78
178.42
September
178.42
179.22
October
179.22
172.07
November
172.07
169.89
December
169.89
181.09
Month
Open(₹)
Close(₹)
January
89.2
93.19
February
93.19
94.38
March
94.38
84.55
April
84.55
104.85
May
104.85
106.83
June
106.83
108.7
July
108.7
122.6
August
122.6
126.04
September
126.04
134.38
October
134.38
132.02
November
132.02
141.85
December
141.85
150.48
Month
Open(₹)
Close(₹)
January
88.62
89.15
February
89.15
86.58
March
86.58
89.76
April
89.76
90.71
May
90.71
83.76
June
83.76
82.06
July
82.06
80.5
August
80.5
82.44
September
82.44
79.99
October
79.99
87.52
November
87.52
89.45
December
89.45
89.2
Month
Open(₹)
Close(₹)
January
114.97
110.83
February
110.83
107.81
March
107.81
86.4
April
86.4
91.54
May
91.54
81.48
June
81.48
84.42
July
84.42
86.49
August
86.49
96.96
September
96.96
93.25
October
93.25
90.42
November
90.42
90.91
December
90.91
88.62
Month
Open(₹)
Close(₹)
January
111.32
111.67
February
111.67
118.48
March
118.48
118.6
April
118.6
113.41
May
113.41
104.57
June
104.57
108.35
July
108.35
109.53
August
109.53
104.74
September
104.74
105.11
October
105.11
110.01
November
110.01
109.77
December
109.77
114.97
Month
Open(₹)
Close(₹)
January
128.13
122.22
February
122.22
113.62
March
113.62
113.46
April
113.46
116.94
May
116.94
115.72
June
115.72
116.98
July
116.98
123.96
August
123.96
122.31
September
122.31
123.26
October
123.26
122.69
November
122.69
118.93
December
118.93
111.32
Month
Open(₹)
Close(₹)
January
99.51
105.02
February
105.02
101.3
March
101.3
121.27
April
121.27
112.4
May
112.4
115.37
June
115.37
119.17
July
119.17
120.13
August
120.13
125.61
September
125.61
128.51
October
128.51
130.36
November
130.36
124.05
December
124.05
128.13
Month
Open(₹)
Close(₹)
January
63.18
64.9
February
64.9
70.11
March
70.11
65.78
April
65.78
68.9
May
68.9
66.06
June
66.06
75.45
July
75.45
80.6
August
80.6
87.2
September
87.2
93.37
October
93.37
93.52
November
93.52
99.91
December
99.91
99.51
Month
Open(₹)
Close(₹)
January
49.76
49.58
February
49.58
48
March
48
48.98
April
48.98
52.78
May
52.78
53.29
June
53.29
54.08
July
54.08
55.53
August
55.53
54.03
September
54.03
57.97
October
57.97
59.67
November
59.67
60.59
December
60.59
63.18

What does SBI Healthcare Opportunities Fund Direct 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 SBI Healthcare Opportunities Fund Direct Payout Inc Dist cum Cap Wdrl as on 25.09.2022 is 15.22.

Check SBI Healthcare Opportunities Fund Direct 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.