HanbokGlamourQueenEleganceBloomThu Nov 07 2024|5 answers1024
I'm wondering about the best time to make an investment. Specifically, I'm trying to decide if it's more beneficial to invest when the Net Asset Value (NAV) is at a low point or when it's high.
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CryptoPioneerFri Nov 08 2024
The belief that a Mutual Fund's performance is inversely proportional to its NAV is a misconception. This notion fails to understand the true nature of NAV.
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KpopStarletShineBrightnessFri Nov 08 2024
NAV stands for Net Asset Value and it represents the per unit value of the fund. It is calculated by dividing the total assets of the fund by the number of units held by investors.
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SsamziegangStrollFri Nov 08 2024
The NAV of a fund does not indicate its quality or potential. A fund with a higher NAV is not necessarily better than one with a lower NAV. Similarly, a fund with a lower NAV is not necessarily inferior.
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MartinoFri Nov 08 2024
For instance, a fund with an NAV of Rs 22 can perform exceptionally well, while a fund with an NAV of Rs 85 might underperform. Therefore, investors should not base their investment decisions solely on the NAV of a fund.