Sundaram Low Duration Fund Direct Plan Monthly Payout of Income Distribution cum Cap Wdrl Net Asset Value

NAV details of Sundaram Low Duration Fund Direct Plan Monthly Payout of Income Distribution cum Cap Wdrl:

Sundaram Low Duration Fund Direct Plan Monthly Payout of Income Distribution cum Cap Wdrl NAV Today(01.10.2022)
₹1096.190.02 %
Exit Load
0%

How was the NAV for Sundaram Low Duration Fund Direct Plan Monthly Payout of Income Distribution 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.

Sundaram Low Duration Fund Direct Plan Monthly Payout of Income Distribution cum Cap Wdrl NAV calculation:

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

Sundaram Low Duration Fund Direct Plan Monthly Payout of Income Distribution cum Cap Wdrl NAV History

Sundaram Low Duration Fund Direct Plan Monthly Payout of Income Distribution cum Cap Wdrl NAV Monthly History

Month
Open(₹)
Close(₹)
January
1094.81
1096.17
February
1096.17
1096.42
March
1096.42
1097.1
April
1097.1
1097.34
May
1097.34
1097.24
June
1097.24
1097.22
July
1097.22
1096.78
August
1096.78
1097.34
September
1097.34
-
Month
Open(₹)
Close(₹)
January
1055.69
1056.83
February
1056.83
1060.11
March
1060.11
1064.55
April
1064.55
1069.13
May
1069.13
1072.35
June
1072.35
1075.25
July
1075.25
1079.74
August
1079.74
1084.18
September
1084.18
1086.16
October
1086.16
1088.36
November
1088.36
1092.03
December
1092.03
1094.81
Month
Open(₹)
Close(₹)
January
993.21
1009.13
February
1009.13
1014.09
March
1014.09
1019.29
April
1019.29
965.84
May
965.84
972.89
June
972.89
979.62
July
979.62
1037.77
August
1037.77
1040.63
September
1040.63
1043.51
October
1043.51
1048.23
November
1048.23
1052.71
December
1052.71
1055.69
Month
Open(₹)
Close(₹)
January
1145.45
1139.47
February
1139.47
1143.92
March
1143.92
1146.03
April
1146.03
1142.64
May
1142.64
1141.27
June
1141.27
968.72
July
968.72
976.25
August
976.25
982.14
September
982.14
987
October
987
993.29
November
993.29
997.58
December
997.58
993.21
Month
Open(₹)
Close(₹)
January
1143.8
1143.17
February
1143.17
1143.04
March
1143.04
1145.29
April
1145.29
1140.91
May
1140.91
1144.62
June
1144.62
1145.45
July
1145.45
1143.79
August
1143.79
1144.08
September
1144.08
1138.1
October
1138.1
1144.86
November
1144.86
1145.25
December
1145.25
1145.45
Month
Open(₹)
Close(₹)
January
1142.79
1143.67
February
1143.67
1143.72
March
1143.72
1144.93
April
1144.93
1143.1
May
1143.1
1144.94
June
1144.94
1144.07
July
1144.07
1145.24
August
1145.24
1145.41
September
1145.41
1143.69
October
1143.69
1144.12
November
1144.12
1143.89
December
1143.89
1143.8
Month
Open(₹)
Close(₹)
January
1143.96
1143.2
February
1143.2
1143.52
March
1143.52
1145.77
April
1145.77
1142.58
May
1142.58
1143.22
June
1143.22
1143.2
July
1143.2
1144.36
August
1144.36
1143.21
September
1143.21
1143.69
October
1143.69
1142.32
November
1142.32
1140.85
December
1140.85
1142.79
Month
Open(₹)
Close(₹)
January
1143.55
1143.02
February
1143.02
1142.04
March
1142.04
1144.86
April
1144.86
1142.13
May
1142.13
1144.51
June
1144.51
1142.87
July
1142.87
1143.19
August
1143.19
1143.21
September
1143.21
1144.69
October
1144.69
1142.58
November
1142.58
1142.51
December
1142.51
1143.96
Month
Open(₹)
Close(₹)
January
1143.52
1142.09
February
1142.09
1142.2
March
1142.2
1143.07
April
1143.07
1143.2
May
1143.2
1143.05
June
1143.05
1142.8
July
1142.8
1143.13
August
1143.13
1143.82
September
1143.82
1143.31
October
1143.31
1143.65
November
1143.65
1143.16
December
1143.16
1143.55
Month
Open(₹)
Close(₹)
January
1129.79
1130.8
February
1130.8
1132.48
March
1132.48
1135.87
April
1135.87
1139.52
May
1139.52
1140.8
June
1140.8
1141.89
July
1141.89
1145.69
August
1145.69
1143.55
September
1143.55
1143.73
October
1143.73
1143.64
November
1143.64
1143.18
December
1143.18
1143.52

What does Sundaram Low Duration Fund Direct Plan Monthly Payout of Income Distribution 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 Sundaram Low Duration Fund Direct Plan Monthly Payout of Income Distribution cum Cap Wdrl as on 01.10.2022 is 3.63.

Check Sundaram Low Duration Fund Direct Plan Monthly Payout of Income Distribution 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.