What is net asset value and how is it calculated?
Updated: 25 May 2022, 04:50 PM IST
TL;DR.The net asset value (NAV) is the total value of an entity's assets minus the entire value of its liabilities, and it represents the entity's net worth. Want to know more about it? Read ahead!
The NAV indicates the per share/unit price of a mutual fund or an exchange-traded fund (ETF) on a certain date or time.