UTI - Liquid Cash Plan - Direct Plan - Annual Reinvestment Inc Dist cum Cap Wdrl Option Net Asset Value

NAV details of UTI - Liquid Cash Plan - Direct Plan - Annual Reinvestment Inc Dist cum Cap Wdrl Option:

UTI - Liquid Cash Plan - Direct Plan - Annual Reinvestment Inc Dist cum Cap Wdrl Option NAV Today(01.10.2022)
₹1569.740.02 %
Exit Load
0.01%

How was the NAV for UTI - Liquid Cash Plan - Direct Plan - Annual Reinvestment Inc Dist cum Cap Wdrl Option 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 - Liquid Cash Plan - Direct Plan - Annual Reinvestment Inc Dist cum Cap Wdrl Option NAV calculation:

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

UTI - Liquid Cash Plan - Direct Plan - Annual Reinvestment Inc Dist cum Cap Wdrl Option NAV History

UTI - Liquid Cash Plan - Direct Plan - Annual Reinvestment Inc Dist cum Cap Wdrl Option NAV Monthly History

Month
Open(₹)
Close(₹)
January
1520.31
1524.93
February
1524.93
1529.22
March
1529.22
1534.15
April
1534.15
1538.73
May
1538.73
1543.63
June
1543.63
1549.78
July
1549.78
1555.99
August
1555.99
1563.21
September
1563.21
-
Month
Open(₹)
Close(₹)
January
1470.79
1474.38
February
1474.38
1478.19
March
1478.19
1482.3
April
1482.3
1486.23
May
1486.23
1490.4
June
1490.4
1494.62
July
1494.62
1498.93
August
1498.93
1503.34
September
1503.34
1507.16
October
1507.16
1511.19
November
1511.19
1515.83
December
1515.83
1520.31
Month
Open(₹)
Close(₹)
January
1410.48
1416.32
February
1416.32
1422.28
March
1422.28
1430.14
April
1430.14
1436.13
May
1436.13
1442.4
June
1442.4
1447.18
July
1447.18
1450.87
August
1450.87
1455.18
September
1455.18
1459.12
October
1459.12
1463.23
November
1463.23
1467.02
December
1467.02
1470.79
Month
Open(₹)
Close(₹)
January
1322.06
1329.9
February
1329.9
1337.08
March
1337.08
1346.33
April
1346.33
1354.2
May
1354.2
1362.1
June
1362.1
1370.39
July
1370.39
1378.24
August
1378.24
1384.48
September
1384.48
1391.68
October
1391.68
1398.41
November
1398.41
1404.44
December
1404.44
1410.48
Month
Open(₹)
Close(₹)
January
1229.86
1236.65
February
1236.65
1242.9
March
1242.9
1251.56
April
1251.56
1258.69
May
1258.69
1266.01
June
1266.01
1273.92
July
1273.92
1281.9
August
1281.9
1289.62
September
1289.62
1297.28
October
1297.28
1305.63
November
1305.63
1313.69
December
1313.69
1322.06
Month
Open(₹)
Close(₹)
January
1153.06
1159.5
February
1159.5
1165.38
March
1165.38
1172.1
April
1172.1
1178.39
May
1178.39
1184.71
June
1184.71
1184.71
July
1184.71
1184.71
August
1184.71
1184.71
September
1184.71
1184.71
October
1184.71
1184.71
November
1184.71
1223.18
December
1223.18
1229.86
Month
Open(₹)
Close(₹)
January
1063.31
1063.31
February
1063.31
1063.31
March
1063.31
1092.34
April
1092.34
1099.67
May
1099.67
1107.01
June
1107.01
1113.9
July
1113.9
1120.84
August
1120.84
1127.51
September
1127.51
1133.94
October
1133.94
1140.46
November
1140.46
1146.91
December
1146.91
1153.06
Month
Open(₹)
Close(₹)
April
1009.81
1016.63
May
1016.63
1024.02
June
1024.02
1030.86
July
1030.86
1037.82
August
1037.82
1044.62
September
1044.62
1051.24
October
1051.24
1057.95
November
1057.95
1063.31
December
1063.31
1063.31

What does UTI - Liquid Cash Plan - Direct Plan - Annual Reinvestment Inc Dist cum Cap Wdrl Option’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 - Liquid Cash Plan - Direct Plan - Annual Reinvestment Inc Dist cum Cap Wdrl Option as on 01.10.2022 is 7.35.

Check UTI - Liquid Cash Plan - Direct Plan - Annual Reinvestment Inc Dist cum Cap Wdrl Option 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.