You will receive a call within 24 business hours (8 AM to 9 PM, except Sundays)
- Home
- Investor Corner
- NAV & IDCW
NAV & IDCW
Apply filters to get the desired result
×
Latest NAV as on {{AllFunds.FundList[0].FundList[0].NavDate.toString().replace(')/','').replace('/Date(','') | date:'dd-MM-yyyy'}}
{{funds.FundCode}} (Earlier known as Equity Diversified fund)
{{funds.FundCode}}
Scheme | NAV date | NAV (`) per unit | NAV (in Rs.) | Change (in Rs.) | Change (in %) | Action | |
---|---|---|---|---|---|---|---|
{{Funddata.SchemeName}} | {{Funddata.NavDate.toString().replace(')/','').replace('/Date(','') | date:'dd-MM-yyyy'}} | {{Funddata.Value | limitTo : 9}} {{Funddata.Change}} ({{Funddata.PerChange}}%) | {{Funddata.Value}} | {{Funddata.Change}} | {{Funddata.PerChange}}% | Invest Now |
No Records Found !!
Apply filters to get the desired result ×
To register for daily Dividend on email based on fund selection please enter your details
Latest Dividend {{FullData[0].Key.Nav_Date.toString().replace(')/','').replace('/Date(','') | date:'dd MMM,yyyy'}}
{{Plan.scheme_name}} - {{Plan.record_date.toString().replace(')/','').replace('/Date(','') | date:'dd-MM-yyyy'}}
Scheme Name | Record Date | Individual | Non individual | ||||||
---|---|---|---|---|---|---|---|---|---|
Dividend | (`) Per unit | NAV | Dividend | (`) Per unit | NAV | ||||
{{Plan.description}} | {{Plan.record_date.toString().replace(')/','').replace('/Date(','') | date:'dd-MM-yyyy'}} | {{Plan.Dividend_Status_Ind}} | {{Plan.Dividend_Rate_Ind}} | {{Plan.nav}} | {{Plan.Dividend_Status_NonInd}} | {{Plan.Dividend_Rate_NonInd}} | {{Plan.nav}} |
No Records Found !!
COMPUTATION OF NAV
The computation of NAV, valuation of securities / assets, accounting policies and standards would be in conformity with the SEBI (Mutual Funds) Regulations, 1996 and guidelines issued from time to time. The NAV per unit shall be calculated as follows:
The NAV arrived shall be rounded off up to four decimals for index, debt, liquid/money market schemes as per regulations. It should be two decimals for equity oriented & balanced fund schemes.
An Illustration:
Assume that the Market or Fair Value of Scheme’s investments is Rs. 1,00,00,000; Current asset of the scheme is Rs. 25,00,000; Current Liabilities and Provisions is Rs. 15,00,000 and the No. of Units outstanding under the scheme are 5,00,000.
Thus, the NAV will be calculated as:
Therefore, the NAV of the scheme is Rs. 22.0000*
COMPUTATION OF SALE PRICE:
Since the fund do not charge any Entry Load, the Purchase price or “Sale Price” is same as NAV of the fund disclosed on daily basis. Therefore, entry load, if any shall be charged as a percentage of Net Assets Value (NAV) for calculating Sale Price i.e. applicable Entry Load (if any) as a percentage of NAV will be added to NAV to calculate “Sale Price”. In other words, the following formulae shall be used:
SALE PRICE= Applicable NAV x (1+Entry Load,if any)
An Illustration:
An investor invests Rs. 20,000/- and the current NAV is Rs.20/-. The entry load levied by the scheme is Nil i.e.0%. Therefore, Sale price at which the investor invests = Rs.20.00 *(1 + 0%) = Rs.20.00.*
COMPUTATION OF REPURCHASE PRICE:
For calculating the Repurchase Price, exit load charged to the scheme is subtracted i.e. applicable Exit Loads as a percentage of NAV will be subtracted from NAV to calculate Repurchase Price. The formula for calculation of Repurchase Price would be:
REPURCHASE PRICE= Applicable NAV x (1-Exit Load,if any)
An Illustration:
An investor invests Rs. 20,000/- and the current NAV is Rs.20/-. The exit load levied by the scheme is 1.0% if redeemed/switched within 1 year from the date of allotment. Therefore, the Repurchase Price will be = Rs.20.00 *(1 – 1.0%) = Rs.19.80.
Disclaimer - Pursuant to payment of dividend (IDCW), the NAV of the IDCW option of the scheme(s) would fall to the extent of payout and statutory levy (if any).
IDCW stands for “Income Distribution cum capital withdrawal”.
Note:
• In case of IDCW, the IDCW distribution can be made out of certain portion of investors’ capital (i.e Equalization Reserve), which is part of sale price that represents realized gains
• The payment of IDCW to the investors to be made within seven working days from the record date
Different ways to transact with us
Get instant services on your mobile
Please Click HereQuick Tips1
While choosing an equity fund, consider
long term performance over three- and five-year periods, and more.Quick Tips2
IDCW is paid out of
realised gains which are part of the sale price of the Scheme , while in case of a growth option, the gains are retained in the form of a higher NAV. Investors should not time a purchase based ondeclaration of IDCW.Quick Tips3
Instead of concentrating on a “low” NAV and more number of units, Investors could consider other factors before investing like the performance track record, fund management
and volatility that determine the portfolio return.