Chapter 3: Mutual Funds & SIP
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Day 23: NAV — Mutual Fund Ki Price
Share ki tarah NAV hoti hai fund ki value!
2 min read
📖 Unit Khareedni Hai!
Suresh ने Mirae Asset Large Cap Fund mein invest karna decide kiya. App mein likha tha:
"NAV: ₹82.45"
Suresh: "Kya matlab? Main ₹5,000 invest karoon toh kitni units milengi? Aur yeh ₹82.45 kya hai?" 🤔
NAV = Net Asset Value = Ek unit ki price!
Suresh ने Mirae Asset Large Cap Fund mein invest karna decide kiya. App mein likha tha:
"NAV: ₹82.45"
Suresh: "Kya matlab? Main ₹5,000 invest karoon toh kitni units milengi? Aur yeh ₹82.45 kya hai?" 🤔
NAV = Net Asset Value = Ek unit ki price!
NAV Kya Hai?
NAV = (Total Fund Assets - Total Fund Liabilities) / Total Units Outstanding
Example:
Fund ke assets: ₹500 crore (50 stocks portfolio)
Fund liabilities: ₹2 crore (expenses payable)
Total units: 6 crore units
NAV = (500-2)/6 = ₹83.00 per unit
Example:
Fund ke assets: ₹500 crore (50 stocks portfolio)
Fund liabilities: ₹2 crore (expenses payable)
Total units: 6 crore units
NAV = (500-2)/6 = ₹83.00 per unit
NAV Se Units Kaise Milti Hain?
Units = Amount Invested / NAV
Suresh ₹5,000 invest karta hai, NAV ₹82.45:
Units = ₹5,000 / ₹82.45 = 60.64 units (fractional units bhi milti hain!)
6 mahine baad NAV ₹100 ho gayi:
Portfolio value = 60.64 × ₹100 = ₹6,064
Profit = ₹1,064 on ₹5,000 = 21.3% return! 🎉
Suresh ₹5,000 invest karta hai, NAV ₹82.45:
Units = ₹5,000 / ₹82.45 = 60.64 units (fractional units bhi milti hain!)
6 mahine baad NAV ₹100 ho gayi:
Portfolio value = 60.64 × ₹100 = ₹6,064
Profit = ₹1,064 on ₹5,000 = 21.3% return! 🎉
NAV vs Stock Price — Farq Samjho!
| Cheez | Stock Price | Mutual Fund NAV |
|---|---|---|
| Update hona | Real-time, har second | Sirf ek baar — market close pe |
| Trading | Market hours mein | Anytime apply, NAV end-of-day |
| High NAV = Bad? | High price = expensive | High NAV ≠ expensive! (More on this ↓) |
⚠️ Common Misconception!
Bahut log sochte hain: "NAV ₹10 wala fund sasta hai, NAV ₹500 wala mehenga hai." GALAT!
Agar fund A ka NAV ₹10 hai aur fund B ka ₹500, par dono ne same underlying stocks hold kiye hain — dono equal chance return dene mein. Low NAV = newer fund, not cheaper.
What matters: Fund ka performance track record, not NAV! 👍
Bahut log sochte hain: "NAV ₹10 wala fund sasta hai, NAV ₹500 wala mehenga hai." GALAT!
Agar fund A ka NAV ₹10 hai aur fund B ka ₹500, par dono ne same underlying stocks hold kiye hain — dono equal chance return dene mein. Low NAV = newer fund, not cheaper.
What matters: Fund ka performance track record, not NAV! 👍
🎉 Oldest Indian Mutual Fund!
UTI (Unit Trust of India) ka US-64 scheme 1964 mein launch hua — India ka pehla mutual fund! Par 2002 mein ek bada controversy aaya. Aaj UTI Mutual Fund popular funds mein hai. India mein MF industry ka 60 saal ka safar raha hai! 🏛️
UTI (Unit Trust of India) ka US-64 scheme 1964 mein launch hua — India ka pehla mutual fund! Par 2002 mein ek bada controversy aaya. Aaj UTI Mutual Fund popular funds mein hai. India mein MF industry ka 60 saal ka safar raha hai! 🏛️
🎯 Takeaway:
NAV = Fund ki ek unit ki value. Roz market close pe calculate hoti hai. Units = Amount/NAV. High ya low NAV good ya bad nahi hoti — performance matters! Kal — SIP kya hai aur kyun yeh India ka investment revolution ban gayi!
NAV = Fund ki ek unit ki value. Roz market close pe calculate hoti hai. Units = Amount/NAV. High ya low NAV good ya bad nahi hoti — performance matters! Kal — SIP kya hai aur kyun yeh India ka investment revolution ban gayi!