UTI Healthcare Fund-Direct Payout Inc Dist cum Cap Wdrl Net Asset Value

NAV details of UTI Healthcare Fund-Direct Payout Inc Dist cum Cap Wdrl:

UTI Healthcare Fund-Direct Payout Inc Dist cum Cap Wdrl NAV Today(03.10.2022)
₹127.230.74 %
Exit Load
1%

How was the NAV for UTI Healthcare 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.

UTI Healthcare Fund-Direct Payout Inc Dist cum Cap Wdrl NAV calculation:

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

UTI Healthcare Fund-Direct Payout Inc Dist cum Cap Wdrl NAV History

UTI Healthcare Fund-Direct Payout Inc Dist cum Cap Wdrl NAV Monthly History

Month
Open(₹)
Close(₹)
January
142.29
134.2
February
134.2
126.1
March
126.1
132.54
April
132.54
131.27
May
131.27
121.08
June
121.08
119.07
July
119.07
125.01
August
125.01
125.35
September
125.35
127.23
October
127.23
-
Month
Open(₹)
Close(₹)
January
119.11
113.23
February
113.23
113.63
March
113.63
116.72
April
116.72
126.81
May
126.81
133.07
June
133.07
138.9
July
138.9
140.85
August
140.85
141.66
September
141.66
143.55
October
143.55
138.18
November
138.18
135.72
December
135.72
142.29
Month
Open(₹)
Close(₹)
January
70.36
72.46
February
72.46
71.29
March
71.29
65.29
April
65.29
82.54
May
82.54
85.41
June
85.41
86
July
86
98.15
August
98.15
100.82
September
100.82
107.91
October
107.91
105.68
November
105.68
112.29
December
112.29
119.11
Month
Open(₹)
Close(₹)
January
68.64
68.76
February
68.76
68.36
March
68.36
70.54
April
70.54
70.77
May
70.77
65.96
June
65.96
65.44
July
65.44
63.89
August
63.89
64.69
September
64.69
63.19
October
63.19
68.13
November
68.13
70.12
December
70.12
70.36
Month
Open(₹)
Close(₹)
January
73.13
71.75
February
71.75
70.72
March
70.72
66.55
April
66.55
70.33
May
70.33
64.42
June
64.42
66.92
July
66.92
70.41
August
70.41
77.31
September
77.31
72.6
October
72.6
69.97
November
69.97
69.52
December
69.52
68.64
Month
Open(₹)
Close(₹)
January
68.39
68.18
February
68.18
71.74
March
71.74
71.76
April
71.76
69.67
May
69.67
64.98
June
64.98
67.73
July
67.73
68.97
August
68.97
65.67
September
65.67
66.19
October
66.19
69.14
November
69.14
69.03
December
69.03
73.13
Month
Open(₹)
Close(₹)
January
75.19
73.43
February
73.43
69.56
March
69.56
68.36
April
68.36
70.26
May
70.26
69.15
June
69.15
72.08
July
72.08
74.76
August
74.76
74.48
September
74.48
74.52
October
74.52
75.29
November
75.29
73.18
December
73.18
68.39
Month
Open(₹)
Close(₹)
January
66.14
70.01
February
70.01
69.69
March
69.69
79.77
April
79.77
72.86
May
72.86
73.97
June
73.97
74.39
July
74.39
76.19
August
76.19
79
September
79
80.03
October
80.03
80.48
November
80.48
73.55
December
73.55
75.19
Month
Open(₹)
Close(₹)
January
45.83
46.17
February
46.17
49.1
March
49.1
46.46
April
46.46
48.74
May
48.74
47.09
June
47.09
52.11
July
52.11
55.37
August
55.37
60.65
September
60.65
64.5
October
64.5
64.51
November
64.51
66.99
December
66.99
66.14
Month
Open(₹)
Close(₹)
January
36.86
36.18
February
36.18
34.7
March
34.7
35.71
April
35.71
38.24
May
38.24
39.43
June
39.43
39.74
July
39.74
40.55
August
40.55
40.02
September
40.02
42.08
October
42.08
42.88
November
42.88
44
December
44
45.83

What does UTI Healthcare 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 UTI Healthcare Fund-Direct Payout Inc Dist cum Cap Wdrl as on 03.10.2022 is 13.56.

Check UTI Healthcare 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.