NAV Calculator β Mutual Fund Net Asset Value Calculator Online
π Mutual Fund NAV
NAV Calculator
Units, Returns & Current Value β All in One
Calculate mutual fund units allotted, current portfolio value, absolute & CAGR returns. Switch between Return Calculator, Units Calculator, and NAV-to-NAV comparison.
Units AllottedCurrent ValueAbsolute Return
CAGR ReturnNAV ComparisonProfit / Loss
Return Calculator Inputs
Investment Amount
Total amount invested (lumpsum)
βΉ
βΉ1KβΉ10L
Purchase NAV
NAV at time of investment
βΉ
βΉ1βΉ500
Current NAV
Today's NAV of the fund
βΉ
βΉ1βΉ500
Investment Date
When you invested (for CAGR)
Investment Amount
How much you want to invest
βΉ
βΉ1KβΉ10L
Applicable NAV
NAV at which units are allotted
βΉ
βΉ1βΉ500
Check Future / Redemption Value
Expected NAV at Redemption
Target NAV to sell at
βΉ
βΉ1βΉ500
Fund A β Purchase NAV
Entry NAV of Fund A
βΉ
Fund A β Current NAV
Today's NAV of Fund A
βΉ
Fund B
Fund B β Purchase NAV
Entry NAV of Fund B
βΉ
Fund B β Current NAV
Today's NAV of Fund B
βΉ
Holding Period (years)
For CAGR comparison
yr
0.5 yr30 yrs
Units Held
Number of mutual fund units you own
1050,000
Current NAV
Today's NAV of the fund
βΉ
βΉ1βΉ500
Average Cost (optional)
Average Purchase NAV
Weighted average cost per unit
βΉ
βΉ1βΉ500
Result
π
Current Value
β
β
Profit / Loss
β
β
CAGR
β
β
NAV Change
β100%0%+200%
β
Units
β
β
Abs. Return
β
β
NAV Growth
β
β
Invested
β
β
Current Value
β
β
Profit / Loss
β
β
CAGR
β
β
π Detailed Breakdown
What is NAV (Net Asset Value) in Mutual Funds?
NAV (Net Asset Value) is the per-unit price of a mutual fund scheme. It is calculated at the end of every trading day by dividing the total value of the fund's assets (minus liabilities) by the total number of outstanding units. NAV is the price at which you buy and sell mutual fund units.
NAV = (Total Assets β Total Liabilities) Γ· Total Outstanding Units
Units Allotted = Investment Amount Γ· Applicable NAV
Current Value = Units Held Γ Current NAV
Absolute Return (%) = (Current NAV β Purchase NAV) Γ· Purchase NAV Γ 100
CAGR (%) = (Current NAV Γ· Purchase NAV)^(1 Γ· Years) β 1
Units Allotted = Investment Amount Γ· Applicable NAV
Current Value = Units Held Γ Current NAV
Absolute Return (%) = (Current NAV β Purchase NAV) Γ· Purchase NAV Γ 100
CAGR (%) = (Current NAV Γ· Purchase NAV)^(1 Γ· Years) β 1
How NAV is Calculated β Step by Step
- Total Assets: Market value of all securities (equity, bonds, cash) held by the fund
- Total Liabilities: Accrued expenses, management fees, pending payments
- Net Assets = Total Assets β Liabilities
- NAV = Net Assets Γ· Outstanding Units
- SEBI mandates NAV to be declared by 11 PM for equity funds and 9 PM for debt funds on every business day
NAV Cut-off Timings in India (SEBI Rules)
| Fund Type | Order Before | Applicable NAV |
|---|---|---|
| Liquid / Overnight Fund | 1:30 PM | Previous day's closing NAV |
| Liquid / Overnight Fund | After 1:30 PM | Same day's closing NAV |
| Equity / Hybrid / Other Debt Funds | 3:00 PM | Same day's closing NAV |
| Equity / Hybrid / Other Debt Funds | After 3:00 PM | Next business day's NAV |
| Any fund (amount β₯ βΉ2 lakh) | Any time | NAV of day funds are realised by AMC |
Does a Higher NAV Mean an Expensive Fund?
No β this is one of the most common mutual fund myths. A fund with NAV βΉ500 is NOT more expensive than a fund with NAV βΉ10. What matters is the percentage growth, not the absolute NAV level. A fund at βΉ500 NAV that grew from βΉ400 (25% return) is better than a fund at βΉ12 NAV that grew from βΉ10 (20% return), regardless of the face value.
Buying a low-NAV fund hoping it will "grow more" is a fallacy. The NAV reflects the cumulative return since inception β an older fund naturally has a higher NAV. Both a βΉ10 NAV fund and a βΉ500 NAV fund give you the same return if the underlying portfolio performs identically.
Absolute Return vs CAGR β Which to Use?
| Metric | Formula | Use When | Example |
|---|---|---|---|
| Absolute Return | (Current β Buy) Γ· Buy Γ 100 | Holding period < 1 year | NAV: βΉ25 β βΉ30 = 20% absolute |
| CAGR | (Current Γ· Buy)^(1/yrs) β 1 | Holding period β₯ 1 year | βΉ25 β βΉ50 in 3 yrs = 26% CAGR |
| XIRR | IRR with actual dates | Multiple SIP investments | Use spreadsheet or AMC portal |
Frequently Asked Questions β NAV Calculator
Why does my NAV-based return differ from the fund's advertised return?βΌ
Fund houses typically advertise point-to-point returns based on specific dates. Your actual return depends on your exact purchase NAV. Also, dividend-paying funds declare dividends which reduce NAV β the Growth option NAV will always be higher than the Dividend/IDCW option NAV for the same fund. Always compare Growth option NAVs for performance evaluation.
What is the minimum NAV change I should track?βΌ
NAV is declared up to 4 decimal places (e.g., βΉ52.3456). For most retail investors, tracking daily NAV fluctuations is unnecessary and counterproductive β it encourages emotional decision-making. Long-term investors should review NAV every quarter to track CAGR against benchmark, not daily. Day traders cannot use NAV for intraday trading β mutual funds are not like stocks.
How many units will I get for my SIP investment?βΌ
Units = SIP Amount Γ· Applicable NAV on that date. For example, βΉ5,000 SIP at NAV βΉ35.50 = 140.845 units. The next month's βΉ5,000 at NAV βΉ38.20 = 130.890 units. SIP buys fewer units when NAV is high, more when NAV is low β this is rupee cost averaging. AMFI regulations require fractional units to be allotted up to 3 decimal places.
Does NAV include dividends for growth option funds?βΌ
Yes β in the Growth option, all dividends earned by the portfolio are reinvested back, increasing the NAV. This is why Growth option NAV compounds over time. In the IDCW (Income Distribution cum Capital Withdrawal) option, dividends are paid out to investors, which reduces the NAV by the dividend amount. For wealth creation, Growth option is almost always better due to compounding and better post-tax treatment.
Should I invest when NAV is low or high?βΌ
NAV level itself doesn't matter for investment decisions β this is the biggest NAV myth. A fund at βΉ10 NAV that invests in overvalued stocks gives worse returns than a fund at βΉ200 NAV that invests in undervalued stocks. Focus on the fund's portfolio quality, expense ratio, fund manager track record, and category performance vs benchmark β not the absolute NAV number.
π Mutual Fund NAV
NAV Calculator
Units, Returns & Current Value β All in One
Calculate mutual fund units allotted, current portfolio value, absolute & CAGR returns. Switch between Return Calculator, Units Calculator, and NAV-to-NAV comparison.
Units AllottedCurrent ValueAbsolute Return
CAGR ReturnNAV ComparisonProfit / Loss
Return Calculator Inputs
Investment Amount
Total amount invested (lumpsum)
βΉ
βΉ1KβΉ10L
Purchase NAV
NAV at time of investment
βΉ
βΉ1βΉ500
Current NAV
Today's NAV of the fund
βΉ
βΉ1βΉ500
Investment Date
When you invested (for CAGR)
Investment Amount
How much you want to invest
βΉ
βΉ1KβΉ10L
Applicable NAV
NAV at which units are allotted
βΉ
βΉ1βΉ500
Check Future / Redemption Value
Expected NAV at Redemption
Target NAV to sell at
βΉ
βΉ1βΉ500
Fund A β Purchase NAV
Entry NAV of Fund A
βΉ
Fund A β Current NAV
Today's NAV of Fund A
βΉ
Fund B
Fund B β Purchase NAV
Entry NAV of Fund B
βΉ
Fund B β Current NAV
Today's NAV of Fund B
βΉ
Holding Period (years)
For CAGR comparison
yr
0.5 yr30 yrs
Units Held
Number of mutual fund units you own
1050,000
Current NAV
Today's NAV of the fund
βΉ
βΉ1βΉ500
Average Cost (optional)
Average Purchase NAV
Weighted average cost per unit
βΉ
βΉ1βΉ500
Result
π
Current Value
β
β
Profit / Loss
β
β
CAGR
β
β
NAV Change
β100%0%+200%
β
Units
β
β
Abs. Return
β
β
NAV Growth
β
β
Invested
β
β
Current Value
β
β
Profit / Loss
β
β
CAGR
β
β
π Detailed Breakdown
What is NAV (Net Asset Value) in Mutual Funds?
NAV (Net Asset Value) is the per-unit price of a mutual fund scheme. It is calculated at the end of every trading day by dividing the total value of the fund's assets (minus liabilities) by the total number of outstanding units. NAV is the price at which you buy and sell mutual fund units.
NAV = (Total Assets β Total Liabilities) Γ· Total Outstanding Units
Units Allotted = Investment Amount Γ· Applicable NAV
Current Value = Units Held Γ Current NAV
Absolute Return (%) = (Current NAV β Purchase NAV) Γ· Purchase NAV Γ 100
CAGR (%) = (Current NAV Γ· Purchase NAV)^(1 Γ· Years) β 1
Units Allotted = Investment Amount Γ· Applicable NAV
Current Value = Units Held Γ Current NAV
Absolute Return (%) = (Current NAV β Purchase NAV) Γ· Purchase NAV Γ 100
CAGR (%) = (Current NAV Γ· Purchase NAV)^(1 Γ· Years) β 1
How NAV is Calculated β Step by Step
- Total Assets: Market value of all securities (equity, bonds, cash) held by the fund
- Total Liabilities: Accrued expenses, management fees, pending payments
- Net Assets = Total Assets β Liabilities
- NAV = Net Assets Γ· Outstanding Units
- SEBI mandates NAV to be declared by 11 PM for equity funds and 9 PM for debt funds on every business day
NAV Cut-off Timings in India (SEBI Rules)
| Fund Type | Order Before | Applicable NAV |
|---|---|---|
| Liquid / Overnight Fund | 1:30 PM | Previous day's closing NAV |
| Liquid / Overnight Fund | After 1:30 PM | Same day's closing NAV |
| Equity / Hybrid / Other Debt Funds | 3:00 PM | Same day's closing NAV |
| Equity / Hybrid / Other Debt Funds | After 3:00 PM | Next business day's NAV |
| Any fund (amount β₯ βΉ2 lakh) | Any time | NAV of day funds are realised by AMC |
Does a Higher NAV Mean an Expensive Fund?
No β this is one of the most common mutual fund myths. A fund with NAV βΉ500 is NOT more expensive than a fund with NAV βΉ10. What matters is the percentage growth, not the absolute NAV level. A fund at βΉ500 NAV that grew from βΉ400 (25% return) is better than a fund at βΉ12 NAV that grew from βΉ10 (20% return), regardless of the face value.
Buying a low-NAV fund hoping it will "grow more" is a fallacy. The NAV reflects the cumulative return since inception β an older fund naturally has a higher NAV. Both a βΉ10 NAV fund and a βΉ500 NAV fund give you the same return if the underlying portfolio performs identically.
Absolute Return vs CAGR β Which to Use?
| Metric | Formula | Use When | Example |
|---|---|---|---|
| Absolute Return | (Current β Buy) Γ· Buy Γ 100 | Holding period < 1 year | NAV: βΉ25 β βΉ30 = 20% absolute |
| CAGR | (Current Γ· Buy)^(1/yrs) β 1 | Holding period β₯ 1 year | βΉ25 β βΉ50 in 3 yrs = 26% CAGR |
| XIRR | IRR with actual dates | Multiple SIP investments | Use spreadsheet or AMC portal |
Frequently Asked Questions β NAV Calculator
Why does my NAV-based return differ from the fund's advertised return?βΌ
Fund houses typically advertise point-to-point returns based on specific dates. Your actual return depends on your exact purchase NAV. Also, dividend-paying funds declare dividends which reduce NAV β the Growth option NAV will always be higher than the Dividend/IDCW option NAV for the same fund. Always compare Growth option NAVs for performance evaluation.
What is the minimum NAV change I should track?βΌ
NAV is declared up to 4 decimal places (e.g., βΉ52.3456). For most retail investors, tracking daily NAV fluctuations is unnecessary and counterproductive β it encourages emotional decision-making. Long-term investors should review NAV every quarter to track CAGR against benchmark, not daily. Day traders cannot use NAV for intraday trading β mutual funds are not like stocks.
How many units will I get for my SIP investment?βΌ
Units = SIP Amount Γ· Applicable NAV on that date. For example, βΉ5,000 SIP at NAV βΉ35.50 = 140.845 units. The next month's βΉ5,000 at NAV βΉ38.20 = 130.890 units. SIP buys fewer units when NAV is high, more when NAV is low β this is rupee cost averaging. AMFI regulations require fractional units to be allotted up to 3 decimal places.
Does NAV include dividends for growth option funds?βΌ
Yes β in the Growth option, all dividends earned by the portfolio are reinvested back, increasing the NAV. This is why Growth option NAV compounds over time. In the IDCW (Income Distribution cum Capital Withdrawal) option, dividends are paid out to investors, which reduces the NAV by the dividend amount. For wealth creation, Growth option is almost always better due to compounding and better post-tax treatment.
Should I invest when NAV is low or high?βΌ
NAV level itself doesn't matter for investment decisions β this is the biggest NAV myth. A fund at βΉ10 NAV that invests in overvalued stocks gives worse returns than a fund at βΉ200 NAV that invests in undervalued stocks. Focus on the fund's portfolio quality, expense ratio, fund manager track record, and category performance vs benchmark β not the absolute NAV number.