Tata Hybrid Equity Fund Direct Plan Payout of Inc Dist cum Cap Wdrl Net Asset Value

NAV details of Tata Hybrid Equity Fund Direct Plan Payout of Inc Dist cum Cap Wdrl:

Tata Hybrid Equity Fund Direct Plan Payout of Inc Dist cum Cap Wdrl NAV Today(26.09.2022)
₹90.671.34 %
Exit Load
1%

How was the NAV for Tata Hybrid Equity Fund Direct Plan Payout of 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.

Tata Hybrid Equity Fund Direct Plan Payout of Inc Dist cum Cap Wdrl NAV calculation:

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

Tata Hybrid Equity Fund Direct Plan Payout of Inc Dist cum Cap Wdrl NAV History

Tata Hybrid Equity Fund Direct Plan Payout of Inc Dist cum Cap Wdrl NAV Monthly History

Month
Open(₹)
Close(₹)
January
92.86
94.96
February
94.96
90.34
March
90.34
93.48
April
93.48
92.08
May
92.08
90.35
June
90.35
82.89
July
82.89
88.77
August
88.77
90.94
September
90.94
-
Month
Open(₹)
Close(₹)
January
80.08
82.03
February
82.03
85.7
March
85.7
86.21
April
86.21
78.87
May
78.87
83.71
June
83.71
85.07
July
85.07
86.9
August
86.9
92
September
92
93.24
October
93.24
95.38
November
95.38
92.24
December
92.24
92.86
Month
Open(₹)
Close(₹)
January
78.19
78.16
February
78.16
74.56
March
74.56
54.67
April
54.67
61.18
May
61.18
61.03
June
61.03
64.37
July
64.37
66.85
August
66.85
68.68
September
68.68
68.43
October
68.43
69.31
November
69.31
76.58
December
76.58
80.08
Month
Open(₹)
Close(₹)
January
78.16
76.8
February
76.8
76.36
March
76.36
75.09
April
75.09
75.52
May
75.52
77.5
June
77.5
77.39
July
77.39
73.57
August
73.57
73.27
September
73.27
74.9
October
74.9
77.22
November
77.22
78.5
December
78.5
78.19
Month
Open(₹)
Close(₹)
January
85.22
87.05
February
87.05
77.03
March
77.03
75.7
April
75.7
79.12
May
79.12
77.38
June
77.38
76.45
July
76.45
79.08
August
79.08
80.85
September
80.85
76.9
October
76.9
74.83
November
74.83
77.95
December
77.95
78.16
Month
Open(₹)
Close(₹)
January
76.74
80.79
February
80.79
75.29
March
75.29
77.2
April
77.2
79.38
May
79.38
79.64
June
79.64
79.48
July
79.48
82.88
August
82.88
81.59
September
81.59
80.71
October
80.71
84.28
November
84.28
82.59
December
82.59
85.22
Month
Open(₹)
Close(₹)
January
79.78
76.5
February
76.5
72.51
March
72.51
70.85
April
70.85
72.04
May
72.04
73.8
June
73.8
76.01
July
76.01
79.62
August
79.62
80.85
September
80.85
80.94
October
80.94
81.44
November
81.44
77.74
December
77.74
76.74
Month
Open(₹)
Close(₹)
January
82.19
86.76
February
86.76
80.09
March
80.09
80.88
April
80.88
77.62
May
77.62
79.71
June
79.71
79.63
July
79.63
81.53
August
81.53
77.76
September
77.76
79.21
October
79.21
79.26
November
79.26
79
December
79
79.78
Month
Open(₹)
Close(₹)
January
57.78
56.11
February
56.11
58.17
March
58.17
57.63
April
57.63
58.43
May
58.43
64.69
June
64.69
69.89
July
69.89
69.79
August
69.79
73.2
September
73.2
75
October
75
77.33
November
77.33
81.05
December
81.05
82.19
Month
Open(₹)
Close(₹)
January
59.35
58.76
February
58.76
56.61
March
56.61
51.09
April
51.09
52.37
May
52.37
53.68
June
53.68
52.64
July
52.64
51
August
51
49.75
September
49.75
52.76
October
52.76
55.78
November
55.78
55.33
December
55.33
57.78

What does Tata Hybrid Equity Fund Direct Plan Payout of 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 Tata Hybrid Equity Fund Direct Plan Payout of Inc Dist cum Cap Wdrl as on 26.09.2022 is 12.27.

Check Tata Hybrid Equity Fund Direct Plan Payout of 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.