
Calculation of NAV
Calculation of NAV
Calculation OA mutual fund’s performance is calculated by change in its net asset value(NAV). It would help compare performance of different schemes.
Performance of the fund = (Current NAV – NAV at the time of Investment) * 100 / NAV at the time of Investment
The Net Asset Value is the fund’s share price. The NAV is calculated by dividing the current value of the portfolio by the number of fund units (shares) outstanding.
NAV for most funds is calculated on daily basis and is available in daily financial papers.