UTI - Treasury Advantage Fund - Direct Plan - Quarterly Payout Inc Dist cum Cap Wdrl Net Asset Value

NAV details of UTI - Treasury Advantage Fund - Direct Plan - Quarterly Payout Inc Dist cum Cap Wdrl:

UTI - Treasury Advantage Fund - Direct Plan - Quarterly Payout Inc Dist cum Cap Wdrl NAV Today(25.09.2022)
₹1578.660.03 %
Exit Load
0%

How was the NAV for UTI - Treasury Advantage Fund - Direct Plan - Quarterly 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 - Treasury Advantage Fund - Direct Plan - Quarterly Payout Inc Dist cum Cap Wdrl NAV calculation:

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

UTI - Treasury Advantage Fund - Direct Plan - Quarterly Payout Inc Dist cum Cap Wdrl NAV History

UTI - Treasury Advantage Fund - Direct Plan - Quarterly Payout Inc Dist cum Cap Wdrl NAV Monthly History

Month
Open(₹)
Close(₹)
January
1534.36
1538.81
February
1538.81
1543.83
March
1543.83
1550.73
April
1550.73
1554.41
May
1554.41
1554.89
June
1554.89
1561.37
July
1561.37
1569.25
August
1569.25
1576.95
September
1576.95
-
Month
Open(₹)
Close(₹)
January
1407.11
1407.86
February
1407.86
1411.6
March
1411.6
1418.21
April
1418.21
1424.3
May
1424.3
1428.74
June
1428.74
1433.6
July
1433.6
1439.84
August
1439.84
1448.89
September
1448.89
1518.16
October
1518.16
1526.01
November
1526.01
1529.93
December
1529.93
1534.36
Month
Open(₹)
Close(₹)
January
1310.56
1318.01
February
1318.01
1326.02
March
1326.02
1332.1
April
1332.1
1339.4
May
1339.4
1356.9
June
1356.9
1370.61
July
1370.61
1379.56
August
1379.56
1384.31
September
1384.31
1388.82
October
1388.82
1396.78
November
1396.78
1402.81
December
1402.81
1407.11
Month
Open(₹)
Close(₹)
January
1366.26
1374.25
February
1374.25
1382.19
March
1382.19
1395.14
April
1395.14
1401.73
May
1401.73
1405.95
June
1405.95
1257.48
July
1257.48
1270.86
August
1270.86
1279.81
September
1279.81
1286.68
October
1286.68
1298.16
November
1298.16
1305.64
December
1305.64
1310.56
Month
Open(₹)
Close(₹)
January
1272.13
1277.77
February
1277.77
1283.91
March
1283.91
1293.98
April
1293.98
1297.7
May
1297.7
1303.94
June
1303.94
1312.68
July
1312.68
1323.33
August
1323.33
1331.34
September
1331.34
1336.6
October
1336.6
1344.48
November
1344.48
1354.56
December
1354.56
1366.26
Month
Open(₹)
Close(₹)
January
1185.58
1194.96
February
1194.96
1201.68
March
1201.68
1209.13
April
1209.13
1215.37
May
1215.37
1223.92
June
1223.92
1231.54
July
1231.54
1239.92
August
1239.92
1247.59
September
1247.59
1252.86
October
1252.86
1260.42
November
1260.42
1266.34
December
1266.34
1272.13
Month
Open(₹)
Close(₹)
January
1116.26
1123.03
February
1123.03
1129.39
March
1129.39
1111.44
April
1111.44
1119.5
May
1119.5
1127.67
June
1127.67
1135.52
July
1135.52
1146.17
August
1146.17
1154.47
September
1154.47
1162.3
October
1162.3
1170.57
November
1170.57
1181.81
December
1181.81
1185.58
Month
Open(₹)
Close(₹)
January
1086.71
1094.13
February
1094.13
1101.3
March
1101.3
1090.56
April
1090.56
1097.74
May
1097.74
1107.14
June
1107.14
1099.87
July
1099.87
1107.98
August
1107.98
1116.05
September
1116.05
1109.58
October
1109.58
1117.18
November
1117.18
1124.19
December
1124.19
1116.26
Month
Open(₹)
Close(₹)
January
1058.57
1065.76
February
1065.76
1072.64
March
1072.64
1072.26
April
1072.26
1081.04
May
1081.04
1089.9
June
1089.9
1082.62
July
1082.62
1090.31
August
1090.31
1098.09
September
1098.09
1081.59
October
1081.59
1090.39
November
1090.39
1098.69
December
1098.69
1086.71
Month
Open(₹)
Close(₹)
May
1018.39
1025.89
June
1025.89
1032.8
July
1032.8
1036.55
August
1036.55
1045.41
September
1045.41
1047.98
October
1047.98
1057.27
November
1057.27
1064.4
December
1064.4
1058.57

What does UTI - Treasury Advantage Fund - Direct Plan - Quarterly 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 - Treasury Advantage Fund - Direct Plan - Quarterly Payout Inc Dist cum Cap Wdrl as on 25.09.2022 is 6.17.

Check UTI - Treasury Advantage Fund - Direct Plan - Quarterly 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.