What NAV Means
NAV (Net Asset Value) = (Total value of fund's assets − liabilities) ÷ Number of units outstanding. It represents the per-unit value of the fund. When you buy 100 units at NAV ₹50, you invest ₹5,000.
Common Misconception: "High NAV = Expensive"
A fund with NAV ₹500 is NOT more expensive than one with NAV ₹50. NAV only tells you the per-unit price, not how expensive or cheap the fund is. What matters is the percentage return, not the absolute NAV.
How RupeeTracker Uses NAV
When you add a mutual fund in RupeeTracker, the latest NAV is fetched automatically. Your portfolio value = units held × current NAV. The NAV updates daily, keeping your portfolio value current without manual effort.
Track MF NAV automatically
Live NAV updates for all your mutual fund holdings.
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