To understand how your mutual fund is performing, you need to find out what is NAV in mutual funds. The full form of NAV in mutual funds is Net Asset Value and it refers to the value of a single unit of a mutual fund. Each mutual fund has a set number of outstanding units based on which investors are able to purchase the units. In this guide, we’ll take a deeper look at what is NAV in mutual funds and how much importance you should be attaching to an NAV when investing.
What is NAV in Mutual Fund?
