Hey,
If you do not know much about mutual fund investment, one of the basic questions you will have is what is NAV in SIP. Mutual funds as an investment can be foolishly tricky if you are not aware of how fund management; administration, distribution etc impact the price of a mutual fund.
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NAV meaning in SIP :NAV or Net Asset Value can be determined as the unit price of a mutual fund in a scheme. All mutual funds, including SIP, are bought or sold on the basis of NAV.
What is NAV value in SIP ?In a SIP scheme, NAV is nothing more than the market value of all securities held by the mutual fund scheme. In the Systematic Investment Plan, NAV is all the securities minus all the liabilities in the SIP portfolio. The NAVs of all Mutual Fund schemes are declared in accordance with SEBI Mutual Fund Regulations.
How is NAV calculated ?The value of NAV is determined on a daily basis. It is computed at the end of the day. The value of each Unit is calculated on the basis of losing the price of all the securities that the respective mutual fund schemes own.
This is all from my end on what is NAV in SIP.
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Authors Of The Question
What is NAV in SIP ?
Kaiilash
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1 Answers
2 Year
2022-09-18T19:01:19+00:00 2022-09-18T19:01:21+00:00Comment
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