Templeton India Value Fund Direct Growth Net Asset Value

NAV details of Templeton India Value Fund Direct Growth:

Templeton India Value Fund Direct Growth NAV Today(28.09.2022)
₹456.950.35 %
Exit Load
1%

How was the NAV for Templeton India Value Fund Direct Growth 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.

Templeton India Value Fund Direct Growth NAV calculation:

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

Templeton India Value Fund Direct Growth NAV History

Templeton India Value Fund Direct Growth NAV Monthly History

Month
Open(₹)
Close(₹)
January
418.46
441.83
February
441.83
416.62
March
416.62
435.36
April
435.36
433.63
May
433.63
422.19
June
422.19
403.23
July
403.23
446.42
August
446.42
465.39
September
465.39
-
Month
Open(₹)
Close(₹)
January
288.84
314.02
February
314.02
344.8
March
344.8
340.23
April
340.23
333.21
May
333.21
363.82
June
363.82
378.18
July
378.18
386.32
August
386.32
399.43
September
399.43
420.97
October
420.97
439.95
November
439.95
422.77
December
422.77
418.46
Month
Open(₹)
Close(₹)
January
255.95
255.43
February
255.43
231.7
March
231.7
164.29
April
164.29
193.58
May
193.58
195.14
June
195.14
206.85
July
206.85
215.95
August
215.95
233.03
September
233.03
226.41
October
226.41
230.16
November
230.16
273.09
December
273.09
288.84
Month
Open(₹)
Close(₹)
January
254.28
248.07
February
248.07
252.67
March
252.67
273.38
April
273.38
265.72
May
265.72
267.27
June
267.27
263.14
July
263.14
238.35
August
238.35
233.99
September
233.99
238.01
October
238.01
253.58
November
253.58
255.33
December
255.33
255.95
Month
Open(₹)
Close(₹)
January
287.79
289.48
February
289.48
277.34
March
277.34
265.92
April
265.92
282.41
May
282.41
271.55
June
271.55
262.07
July
262.07
274.58
August
274.58
282.21
September
282.21
253.66
October
253.66
242.47
November
242.47
251.43
December
251.43
254.28
Month
Open(₹)
Close(₹)
January
208.08
221.98
February
221.98
230.71
March
230.71
237.79
April
237.79
246.51
May
246.51
249.66
June
249.66
247.2
July
247.2
265.51
August
265.51
266.02
September
266.02
264.24
October
264.24
279.84
November
279.84
278.08
December
278.08
287.79
Month
Open(₹)
Close(₹)
January
190.39
175.4
February
175.4
165.91
March
165.91
180.63
April
180.63
183.34
May
183.34
190.01
June
190.01
195.64
July
195.64
203.57
August
203.57
212.5
September
212.5
216.47
October
216.47
226.43
November
226.43
209.9
December
209.9
208.08
Month
Open(₹)
Close(₹)
January
187.11
194.76
February
194.76
192.63
March
192.63
188.25
April
188.25
182.7
May
182.7
186.78
June
186.78
191.2
July
191.2
198.98
August
198.98
185.53
September
185.53
189.15
October
189.15
193.43
November
193.43
192.09
December
192.09
190.39
Month
Open(₹)
Close(₹)
January
125.01
119.89
February
119.89
123.21
March
123.21
133.99
April
133.99
133.83
May
133.83
148.92
June
148.92
163.11
July
163.11
161.03
August
161.03
173.97
September
173.97
175.66
October
175.66
183
November
183
191.9
December
191.9
187.11
Month
Open(₹)
Close(₹)
January
125.93
127.25
February
127.25
118.84
March
118.84
117.2
April
117.2
122.01
May
122.01
122.62
June
122.62
118.4
July
118.4
109.08
August
109.08
103.29
September
103.29
108.97
October
108.97
121.07
November
121.07
120.88
December
120.88
125.01

What does Templeton India Value Fund Direct Growth’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 Templeton India Value Fund Direct Growth as on 28.09.2022 is 14.15.

Check Templeton India Value Fund Direct Growth 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.