Fund fundamentals2 min
NAV is the scheme’s net asset value per unit at a stated valuation date, not the share price of the AMC.
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NAV is the scheme’s net asset value per unit at a stated valuation date, not the share price of the AMC. Verify the exact scheme, plan and option through AMFI or the AMC. A higher NAV is not inherently expensive, and a lower NAV is not a built-in discount on the portfolio.
Fund fundamentals2 min
NAV is the scheme’s net asset value per unit at a stated valuation date, not the share price of the AMC.
Get the quick answer +
NAV is the scheme’s net asset value per unit at a stated valuation date, not the share price of the AMC. Verify the exact scheme, plan and option through AMFI or the AMC. A higher NAV is not inherently expensive, and a lower NAV is not a built-in discount on the portfolio.
Fund fundamentals2 min
A ₹10 NAV buys more units than a ₹100 NAV. A simple example shows why that alone tells you nothing about future returns.
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A lower net asset value means a lower price per unit, not a cheaper portfolio. Your result depends on the percentage change in NAV and the amount invested. Compare the mandate, holdings, risks and costs; the number of units alone does not tell you which fund offers better value.
Fund fundamentals2 min
The portfolio can be the same while plan costs differ. Separate investment exposure from the way you access the scheme.
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Direct and regular plans belong to the same scheme and share its portfolio and fund manager. Their expenses differ because the regular route includes distribution costs. The direct plan has a lower expense ratio. Choosing a route also involves deciding how you will obtain selection help and ongoing advice.
Fund fundamentals2 min
Understand why subtracting the expense ratio again from a published NAV return can count the same operating cost twice.
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A scheme’s operating expenses are reflected in its NAV. A return calculated from that NAV already incorporates those expenses, so subtracting the expense ratio again would double-count them. Your own result can still differ because of cash-flow dates, exit loads, taxes or other transaction-specific costs.
Fund fundamentals2 min
One concerns an applicable redemption; the other is a scheme operating expense. Keep the two cost layers separate.
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No. An exit load is a charge that can apply when you redeem units under the scheme’s stated conditions. The expense ratio concerns recurring scheme operating expenses reflected in NAV. An investor may face one, both or different outcomes depending on the holding and transaction; the current applicable documents determine the terms.
