What is NAV in mutual funds?

NAV stands for Net Asset Value, which is a measure used to determine the value of a mutual fund. The NAV of a mutual fund is calculated by dividing the total value of the securities in the fund's portfolio, minus any liabilities, by the total number of outstanding shares.

Investors use the NAV to track the performance of their mutual fund investments and to buy or sell shares in the fund. A higher NAV indicates that the value of the fund's holdings has increased, while a lower NAV indicates that the value has decreased. However, it's important to remember that the NAV is just one measure of a mutual fund's performance and should be considered along with other factors such as the fund's investment objective, fees, and historical performance.

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