Mutual Funds

NAV

Net Asset Value (NAV) is the per-unit market value of a mutual fund. It is calculated by dividing total assets minus liabilities by number of units.

Example

If fund has Rs 100 crore assets and 10 crore units, NAV is Rs 10.

Related terms

AUM

Assets Under Management (AUM) is the total market value of investments managed by a mutual fund or portfolio manager.

Expense Ratio

Expense ratio is the annual fee charged by mutual funds as a percentage of assets to cover operating expenses. Lower expense ratio means higher returns for investors.

More in Mutual Funds

SIP Mutual Fund AUM Expense Ratio

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