NAV (Net Asset Value)
The per-unit value of a mutual fund, calculated by dividing total net assets by total outstanding units. Updated daily after market close. You buy/sell mutual funds at NAV.
Related Terms
M
Mutual Fund
A professionally managed investment fund that pools money from many investors to…
A
Assets Under Management (AUM)
The total market value of assets that a mutual fund or investment…
S
SIP (Systematic Investment Plan)
Investing a fixed amount regularly (monthly/weekly) in mutual funds. Averages out purchase…
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