I'm trying to decide whether it's better to buy when the Net Asset Value (NAV) is high or low. I want to understand the impact of NAV on my investment and make an informed decision about the best time to purchase.
6 answers
Andrea
Sun Nov 03 2024
The belief that a Mutual Fund's performance is inversely proportional to its NAV is a common misconception.
Silvia
Sun Nov 03 2024
NAV stands for Net Asset Value and it represents the per unit value of the fund.
Moonshadow
Sun Nov 03 2024
It is crucial to understand that NAV does not indicate the quality or potential of a fund.
Dreamchaser
Sat Nov 02 2024
A fund with a higher NAV does not necessarily perform better than one with a lower NAV.
CryptoMystic
Sat Nov 02 2024
Similarly, a fund with a lower NAV is not inherently inferior to one with a higher NAV.