mutual funds and shares
2007-02-07 22:02:12 · 5 answers · asked by Stalin R 1 in Business & Finance ➔ Taxes ➔ Other - Taxes
It is the price after deducting the front end sales commission that is paid to the broker or the amount you will receive after the fund pays the broker at the back end. Either way you are paying te difference between the current price and the NAV to someone.
2007-02-07 22:30:18 · answer #1 · answered by waggy_33 6 · 0⤊ 0⤋
The net asset value (NAV) of a mutual fund is simply its assets minus its liabilities. In other words, NAV equals the fund's worth.This number is important to investors, because it is from NAV that the price per unit of a fund is calculated. By dividing the NAV of a fund by the number of outstanding units, you are left with the price per unit.should note that simply analyzing the NAV is not a good measure of the fund's growth. Funds are constantly paying out distributions of both capital gains and dividends, which reduce the NAV of the fund and do not reflect any appreciation in the price per unit. It Changes everyday.
2007-02-07 23:49:23 · answer #2 · answered by unknownz 1 · 0⤊ 0⤋
In the case of company- Net Asset Value or NAV means investment details of the company in various instruments of various sectors, assets in percentage of its total assets and cash and bank balance on the closure of a month or period. Investment in Equity Shares, Bonds, Securities etc. current deposits, cash at Banks and cash in hand in percentage of the Company's total assets on the closure of a month or period can be said as the Company's NAV.
2007-02-09 22:55:23 · answer #3 · answered by shibam16talukdar 1 · 0⤊ 0⤋
simple my dear,
NAV = (Total Value of Mutual fund/No. of units held by all investors)
every day it will defer....
it is the facter to get or calculate the units to be alloted/redemed.
thats it...
2007-02-07 22:40:51 · answer #4 · answered by one2one 1 · 0⤊ 0⤋
i doonno
2007-02-07 22:23:38 · answer #5 · answered by DILIP jain 1 · 0⤊ 1⤋