UTI Infrastructure Fund-Growth Option- Direct Net Asset Value

NAV details of UTI Infrastructure Fund-Growth Option- Direct:

UTI Infrastructure Fund-Growth Option- Direct NAV Today(04.10.2022)
₹82.591.17 %
Exit Load
1%

How was the NAV for UTI Infrastructure Fund-Growth Option- Direct 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 Infrastructure Fund-Growth Option- Direct NAV calculation:

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

UTI Infrastructure Fund-Growth Option- Direct NAV History

UTI Infrastructure Fund-Growth Option- Direct NAV Monthly History

Month
Open(₹)
Close(₹)
January
79.88
82.53
February
82.53
77.44
March
77.44
79.21
April
79.21
78.92
May
78.92
76.39
June
76.39
72.17
July
72.17
81.54
August
81.54
84.84
September
84.84
83.58
October
83.58
-
Month
Open(₹)
Close(₹)
January
57.57
61.63
February
61.63
68.31
March
68.31
68.9
April
68.9
66.55
May
66.55
70.81
June
70.81
72.87
July
72.87
75.97
August
75.97
79.58
September
79.58
80.01
October
80.01
82.17
November
82.17
79.3
December
79.3
79.88
Month
Open(₹)
Close(₹)
January
55.36
57.63
February
57.63
53.4
March
53.4
37.22
April
37.22
42.95
May
42.95
43.09
June
43.09
45.58
July
45.58
45.06
August
45.06
47.89
September
47.89
45.66
October
45.66
46.55
November
46.55
54.03
December
54.03
57.57
Month
Open(₹)
Close(₹)
January
51.69
49.28
February
49.28
49.9
March
49.9
55.53
April
55.53
54.24
May
54.24
57.83
June
57.83
57.63
July
57.63
51.74
August
51.74
50.2
September
50.2
52.56
October
52.56
54.63
November
54.63
55.24
December
55.24
55.36
Month
Open(₹)
Close(₹)
January
60.35
59.91
February
59.91
57.69
March
57.69
55.01
April
55.01
57.47
May
57.47
54.18
June
54.18
51.15
July
51.15
54.27
August
54.27
55.87
September
55.87
48.83
October
48.83
49.09
November
49.09
50.43
December
50.43
51.69
Month
Open(₹)
Close(₹)
January
42.66
46.84
February
46.84
47.96
March
47.96
50.61
April
50.61
53.82
May
53.82
53.3
June
53.3
51.85
July
51.85
55.17
August
55.17
54.79
September
54.79
54.11
October
54.11
58.19
November
58.19
57.42
December
57.42
60.35
Month
Open(₹)
Close(₹)
January
41.12
36.77
February
36.77
33.93
March
33.93
37.96
April
37.96
38.76
May
38.76
39.86
June
39.86
42.35
July
42.35
44.6
August
44.6
46.37
September
46.37
45.97
October
45.97
46.92
November
46.92
43.34
December
43.34
42.66
Month
Open(₹)
Close(₹)
January
43.19
45.43
February
45.43
45.1
March
45.1
45.14
April
45.14
43.45
May
43.45
44.83
June
44.83
44.87
July
44.87
45.86
August
45.86
41.48
September
41.48
41.65
October
41.65
41.74
November
41.74
41.78
December
41.78
41.12
Month
Open(₹)
Close(₹)
January
26.85
24.67
February
24.67
25.66
March
25.66
30.06
April
30.06
30.46
May
30.46
36.24
June
36.24
39.12
July
39.12
37.32
August
37.32
39.45
September
39.45
38.11
October
38.11
41.16
November
41.16
42.76
December
42.76
43.19
Month
Open(₹)
Close(₹)
January
30.38
29.9
February
29.9
27.52
March
27.52
26.75
April
26.75
28.24
May
28.24
27.52
June
27.52
26.71
July
26.71
23.61
August
23.61
21.34
September
21.34
23.45
October
23.45
26.2
November
26.2
26.01
December
26.01
26.85

What does UTI Infrastructure Fund-Growth Option- Direct’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 Infrastructure Fund-Growth Option- Direct as on 04.10.2022 is 10.8.

Check UTI Infrastructure Fund-Growth Option- Direct 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.

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.