First time mutual fund investors are often confused about the concept of Net Asset Value (NAV) of a mutual fund scheme. Most of them wonder whether they should buy a fund with a higher or lower NAV. Here are a few similar questions raised by investors regarding NAV of a mutual fund scheme.
Is it better to buy a fund with a lower NAV?
The NAV of a mutual fund scheme is the market price or the value of its assets minus its liabilities per unit. The formula to calcul ..