{"id":97958,"date":"2026-05-26T13:52:58","date_gmt":"2026-05-26T08:22:58","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=97958"},"modified":"2026-05-26T13:52:59","modified_gmt":"2026-05-26T08:22:59","slug":"mutual-fund-nav","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/","title":{"rendered":"Mutual Fund NAV Explained: Complete Guide for Indian Investors in 2026"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p>Understanding <strong>mutual fund NAV<\/strong> is the foundation of every investment decision in the Rs 81.92 lakh crore Indian mutual fund industry. NAV, or Net Asset Value, determines the price at which you buy and sell mutual fund units, and how your investment grows over time. Yet many retail investors across Mumbai, Bengaluru, Delhi NCR, Pune, Hyderabad, Chennai, Ahmedabad, Surat, Jaipur and tier 2 cities like Lucknow, Indore and Coimbatore misunderstand NAV completely, often choosing schemes based on a low NAV thinking it represents a bargain. This guide explains exactly what mutual fund NAV means, how it is calculated, why a low NAV does not mean a better deal, and how to use NAV information correctly when selecting mutual fund schemes.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\"><strong>Get Free Mutual Fund Advisory on Univest, Click Here<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#What_Is_Mutual_Fund_NAV\" title=\"What Is Mutual Fund NAV\">What Is Mutual Fund NAV<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#Why_Mutual_Fund_NAV_Changes_Daily\" title=\"Why Mutual Fund NAV Changes Daily\">Why Mutual Fund NAV Changes Daily<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#How_Mutual_Fund_NAV_Is_Calculated_in_India\" title=\"How Mutual Fund NAV Is Calculated in India\">How Mutual Fund NAV Is Calculated in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#The_Cut_Off_Time_for_Mutual_Fund_NAV_Allocation\" title=\"The Cut Off Time for Mutual Fund NAV Allocation\">The Cut Off Time for Mutual Fund NAV Allocation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#Common_Myth_Low_Mutual_Fund_NAV_Means_a_More_Affordable_Investment\" title=\"Common Myth: Low Mutual Fund NAV Means a More Affordable Investment\">Common Myth: Low Mutual Fund NAV Means a More Affordable Investment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#How_Mutual_Fund_NAV_Affects_SIP_Investments\" title=\"How Mutual Fund NAV Affects SIP Investments\">How Mutual Fund NAV Affects SIP Investments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#Mutual_Fund_NAV_vs_Stock_Price_Key_Differences\" title=\"Mutual Fund NAV vs Stock Price: Key Differences\">Mutual Fund NAV vs Stock Price: Key Differences<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#Where_to_Check_Mutual_Fund_NAV_Daily\" title=\"Where to Check Mutual Fund NAV Daily\">Where to Check Mutual Fund NAV Daily<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#How_to_Use_Mutual_Fund_NAV_Information_Correctly\" title=\"How to Use Mutual Fund NAV Information Correctly\">How to Use Mutual Fund NAV Information Correctly<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#Mutual_Fund_NAV_in_IDCW_Dividend_Plans_vs_Growth_Plans\" title=\"Mutual Fund NAV in IDCW (Dividend) Plans vs Growth Plans\">Mutual Fund NAV in IDCW (Dividend) Plans vs Growth Plans<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#Why_Mutual_Fund_NAV_Fell_During_April_2026_Tariff_Correction\" title=\"Why Mutual Fund NAV Fell During April 2026 Tariff Correction\">Why Mutual Fund NAV Fell During April 2026 Tariff Correction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#Common_Mistakes_Related_to_Mutual_Fund_NAV\" title=\"Common Mistakes Related to Mutual Fund NAV\">Common Mistakes Related to Mutual Fund NAV<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#Why_Choose_Univest_Mutual_Fund_Advisory\" title=\"Why Choose Univest Mutual Fund Advisory\">Why Choose Univest Mutual Fund Advisory<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#Frequently_Asked_Questions_on_Mutual_Fund_NAV\" title=\"Frequently Asked Questions on Mutual Fund NAV\">Frequently Asked Questions on Mutual Fund NAV<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#What_is_mutual_fund_NAV\" title=\"What is mutual fund NAV?\">What is mutual fund NAV?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#How_is_mutual_fund_NAV_calculated\" title=\"How is mutual fund NAV calculated?\">How is mutual fund NAV calculated?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#Why_does_mutual_fund_NAV_change_daily\" title=\"Why does mutual fund NAV change daily?\">Why does mutual fund NAV change daily?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#Does_a_low_NAV_mean_a_more_affordable_mutual_fund\" title=\"Does a low NAV mean a more affordable mutual fund?\">Does a low NAV mean a more affordable mutual fund?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#What_is_the_cut_off_time_for_NAV_allocation\" title=\"What is the cut off time for NAV allocation?\">What is the cut off time for NAV allocation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#Where_can_I_check_mutual_fund_NAV_daily\" title=\"Where can I check mutual fund NAV daily?\">Where can I check mutual fund NAV daily?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#How_does_NAV_affect_SIP_returns\" title=\"How does NAV affect SIP returns?\">How does NAV affect SIP returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/univest.in\/blogs-2\/mutual-fund-nav\/#What_is_the_difference_between_NAV_in_Growth_and_IDCW_plans\" title=\"What is the difference between NAV in Growth and IDCW plans?\">What is the difference between NAV in Growth and IDCW plans?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_Mutual_Fund_NAV\"><\/span><strong>What Is Mutual Fund NAV<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Mutual fund NAV<\/strong> stands for Net Asset Value. It represents the per unit market value of a mutual fund scheme on any given business day. NAV is calculated once per business day after market close by the Asset Management Company and reported to AMFI by 11 PM each evening. The formula is simple:<\/p>\n<p><strong>NAV = (Total Value of Assets Held by Fund minus Total Liabilities) divided by Total Number of Outstanding Units<\/strong><\/p>\n<p>For example, if a mutual fund holds investments worth Rs 1,000 crore, has liabilities of Rs 10 crore (expenses payable, redemption pending), and has 10 crore units outstanding, the NAV is (1000 &#8211; 10) \/ 10 = Rs 99 per unit. The next day, if the underlying stocks rise 1 percent, the assets become Rs 1,010 crore and NAV rises to approximately Rs 100 per unit.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Mutual_Fund_NAV_Changes_Daily\"><\/span><strong>Why Mutual Fund NAV Changes Daily<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Mutual fund NAV<\/strong> changes every business day because the underlying assets (stocks, bonds, money market instruments, gold) fluctuate in market value continuously during market hours. For equity mutual funds, NAV is computed at end of day using the closing prices of the underlying stocks on NSE and BSE. For debt mutual funds, NAV uses end of day prices of bonds and money market instruments. For hybrid funds, both equity and debt portions are revalued.<\/p>\n<p>NAV also moves slightly because of fund expenses charged daily (a small fraction of the expense ratio), accrued interest income on debt holdings, and dividend declarations from stocks held in the portfolio. The NAV is what you receive when you redeem, and it is the price at which you buy when subscribing on any business day.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Mutual_Fund_NAV_Is_Calculated_in_India\"><\/span><strong>How Mutual Fund NAV Is Calculated in India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>SEBI mandates a standardised process for <strong>mutual fund NAV<\/strong> calculation in India. Here is what happens each business day:<\/p>\n<ol>\n<li><strong>Market close at 3:30 PM:<\/strong> Equity holdings are valued at NSE and BSE closing prices.<\/li>\n<li><strong>Debt valuation:<\/strong> Bonds and money market instruments are valued using CRISIL and ICRA matrix prices.<\/li>\n<li><strong>Foreign holdings:<\/strong> If the fund holds international stocks, they are valued at the latest available foreign market close, adjusted for currency conversion.<\/li>\n<li><strong>Cash and equivalents:<\/strong> Marked at face value plus accrued interest.<\/li>\n<li><strong>Expenses:<\/strong> Daily portion of expense ratio is deducted.<\/li>\n<li><strong>Total liabilities:<\/strong> Pending redemptions, accrued expenses and tax provisions are subtracted.<\/li>\n<li><strong>Divide by units outstanding:<\/strong> The resulting figure divided by total units gives the per unit NAV.<\/li>\n<li><strong>Publish to AMFI by 11 PM:<\/strong> NAV is published on AMFI website and AMC websites by 11 PM each business day.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"The_Cut_Off_Time_for_Mutual_Fund_NAV_Allocation\"><\/span><strong>The Cut Off Time for Mutual Fund NAV Allocation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The applicable <strong>mutual fund NAV<\/strong> for your transaction depends on when you submit your order and when the money reaches the AMC. SEBI cut off rules are:<\/p>\n<table>\n<tbody>\n<tr>\n<th>Scheme Type<\/th>\n<th>Cut Off Time<\/th>\n<th>NAV Applied<\/th>\n<\/tr>\n<tr>\n<td>Equity, Hybrid, Debt (except Liquid)<\/td>\n<td>3:00 PM<\/td>\n<td>Same day NAV if funds received before 3 PM<\/td>\n<\/tr>\n<tr>\n<td>Liquid and Overnight Funds<\/td>\n<td>1:30 PM<\/td>\n<td>Previous day NAV if funds received before 1:30 PM<\/td>\n<\/tr>\n<tr>\n<td>Redemptions (all schemes)<\/td>\n<td>3:00 PM<\/td>\n<td>Same day NAV<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This is why SIP debits set for the 1st of the month often get the previous day NAV or next day NAV depending on when the bank credits the AMC. Plan SIP dates between the 5th and 28th to avoid month end and weekend issues.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Common_Myth_Low_Mutual_Fund_NAV_Means_a_More_Affordable_Investment\"><\/span><strong>Common Myth: Low Mutual Fund NAV Means a More Affordable Investment<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The single biggest misconception about <strong>mutual fund NAV<\/strong> in India is that a lower NAV represents a better deal. This is completely false and costs retail investors lakhs of rupees in suboptimal scheme selection.<\/p>\n<p>Consider two equity funds with identical portfolios. Fund A has NAV of Rs 10 and Fund B has NAV of Rs 200. If both deliver 15 percent annual return on the same underlying portfolio, Fund A will grow to Rs 11.50 per unit and Fund B will grow to Rs 230 per unit. Your investment of Rs 10,000 in either fund grows to Rs 11,500 over one year. The NAV level is just a reflection of how long the fund has been running and how the units have appreciated, not a measure of value.<\/p>\n<p>What matters in fund selection is the underlying portfolio quality, fund manager skill, expense ratio and consistency of returns, not the absolute NAV number. A Rs 1,000 NAV fund with 18 percent CAGR delivers better returns than a Rs 10 NAV fund with 12 percent CAGR.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Mutual_Fund_NAV_Affects_SIP_Investments\"><\/span><strong>How Mutual Fund NAV Affects SIP Investments<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Mutual fund NAV<\/strong> directly determines how many units your SIP installment buys each month. A Rs 10,000 SIP at NAV of Rs 100 buys 100 units. The same SIP at NAV of Rs 200 buys 50 units. Over years of SIPs through market cycles, you accumulate units at varying NAVs, delivering rupee cost averaging.<\/p>\n<p>During corrections like the April 2026 US tariff led drop where NAVs fell 11 to 25 percent across equity schemes, the same monthly SIP buys significantly more units, building accumulation at lower price points. When NAVs recover, the accumulated units appreciate together. This is the mathematical foundation of why SIPs work in volatile equity markets.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mutual_Fund_NAV_vs_Stock_Price_Key_Differences\"><\/span><strong>Mutual Fund NAV vs Stock Price: Key Differences<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<th>Parameter<\/th>\n<th>Mutual Fund NAV<\/th>\n<th>Stock Price<\/th>\n<\/tr>\n<tr>\n<td>Calculation Frequency<\/td>\n<td>End of day only<\/td>\n<td>Real time during market hours<\/td>\n<\/tr>\n<tr>\n<td>Determined By<\/td>\n<td>Net asset value of underlying portfolio<\/td>\n<td>Supply and demand on exchanges<\/td>\n<\/tr>\n<tr>\n<td>Buy and Sell Price<\/td>\n<td>Same (at NAV)<\/td>\n<td>Different (bid ask spread)<\/td>\n<\/tr>\n<tr>\n<td>Trading Hours<\/td>\n<td>3 PM cut off for same day NAV<\/td>\n<td>9:15 AM to 3:30 PM continuous<\/td>\n<\/tr>\n<tr>\n<td>Price Discovery<\/td>\n<td>Based on underlying assets<\/td>\n<td>Based on market trading<\/td>\n<\/tr>\n<tr>\n<td>Influence of Trading Volume<\/td>\n<td>None<\/td>\n<td>Significant<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Where_to_Check_Mutual_Fund_NAV_Daily\"><\/span><strong>Where to Check Mutual Fund NAV Daily<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>You can check the <strong>mutual fund NAV<\/strong> of any scheme daily on:<\/p>\n<ul>\n<li>AMFI India website (amfiindia.com) under daily NAV reports.<\/li>\n<li>The AMC website of the respective fund house.<\/li>\n<li>Univest platform and app where 1,500+ scheme NAVs are tracked live.<\/li>\n<li>Mutual fund research portals like Value Research, Morningstar India.<\/li>\n<li>BSE Star Mutual Fund and NSE NMF II platforms.<\/li>\n<li>Financial newspapers like Business Standard, Economic Times, Mint.<\/li>\n<\/ul>\n<p>Filter and track every scheme&#8217;s NAV history, 1Y, 3Y, 5Y CAGR and AUM on the <a href=\"https:\/\/univest.in\/screeners\"><strong>Univest Mutual Fund Screener<\/strong><\/a>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Use_Mutual_Fund_NAV_Information_Correctly\"><\/span><strong>How to Use Mutual Fund NAV Information Correctly<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Smart investors use <strong>mutual fund NAV<\/strong> data in three ways:<\/p>\n<ol>\n<li><strong>Track NAV history for return calculation:<\/strong> Comparing NAV today versus NAV 3 years ago tells you the absolute return. Convert to CAGR for annualised comparison.<\/li>\n<li><strong>Use NAV for portfolio value tracking:<\/strong> Your current portfolio value is current NAV multiplied by units held in each scheme.<\/li>\n<li><strong>Use NAV for tax computation on redemption:<\/strong> Capital gain equals (Redemption NAV minus Purchase NAV) multiplied by units redeemed.<\/li>\n<\/ol>\n<p>Do not use NAV for:<\/p>\n<ul>\n<li>Comparing relative attractiveness of two different schemes (use returns and risk metrics instead).<\/li>\n<li>Timing entry based on NAV (NAV today does not predict future performance).<\/li>\n<li>Switching between schemes purely because one has a lower NAV.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Mutual_Fund_NAV_in_IDCW_Dividend_Plans_vs_Growth_Plans\"><\/span><strong>Mutual Fund NAV in IDCW (Dividend) Plans vs Growth Plans<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>mutual fund NAV<\/strong> of a Growth plan keeps rising as gains are reinvested. The NAV of an IDCW plan (formerly called Dividend plan) fluctuates because periodic dividends reduce the NAV by the dividend amount. For example, if a fund declares an IDCW of Rs 5 per unit when NAV is Rs 100, the ex-dividend NAV drops to Rs 95 immediately. The unit holder receives Rs 5 in cash or reinvested units.<\/p>\n<p>Most long term investors should prefer Growth plans because compounding works better when gains are not periodically distributed. IDCW plans suit retirees seeking periodic cashflow, but a SWP (Systematic Withdrawal Plan) from a Growth plan is typically more tax efficient than IDCW.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Mutual_Fund_NAV_Fell_During_April_2026_Tariff_Correction\"><\/span><strong>Why Mutual Fund NAV Fell During April 2026 Tariff Correction<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The April 2026 US tariff led correction is a recent case study of <strong>mutual fund NAV<\/strong> movement. When the Nifty 50 fell 11.3 percent and Sensex fell 11.5 percent in a single month, the NAVs of equity mutual funds dropped proportionally. Large cap schemes saw NAVs fall 10 to 14 percent, flexi cap schemes 12 to 16 percent, and mid cap and small cap schemes 15 to 25 percent.<\/p>\n<p>This NAV drop was a paper loss for existing investors. For SIP investors, it was an opportunity, as the same monthly amount bought 12 to 25 percent more units. By May 2026, NAVs had recovered partially as inflows from domestic mutual funds (Rs 40,450 crore in equity inflows in March 2026) supported prices.<\/p>\n<p>Download the Univest App on <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\"><strong>iOS<\/strong><\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\"><strong>Android<\/strong><\/a> to track NAV history and portfolio performance across all schemes.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Common_Mistakes_Related_to_Mutual_Fund_NAV\"><\/span><strong>Common Mistakes Related to Mutual Fund NAV<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Picking funds with the lowest NAV:<\/strong> NAV level is irrelevant to future returns. Quality of portfolio and manager matter.<\/li>\n<li><strong>Switching schemes during NAV dips:<\/strong> Selling at low NAV crystallises losses.<\/li>\n<li><strong>Choosing IDCW plans for long term wealth:<\/strong> Growth plans compound better.<\/li>\n<li><strong>Missing SIP cut off times:<\/strong> Late submissions get next business day NAV.<\/li>\n<li><strong>Comparing NAV across schemes for entry timing:<\/strong> Different schemes started at different times have different NAVs purely due to history.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Choose_Univest_Mutual_Fund_Advisory\"><\/span><strong>Why Choose Univest Mutual Fund Advisory<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Univest is a SEBI registered platform that tracks <strong>mutual fund NAV<\/strong> of every active scheme in real time and provides advisory based on portfolio quality, manager skill and risk metrics, not NAV level. The Univest research team in Gurugram covers all 44 AMCs and over 1,500 schemes, giving investors in Mumbai, Bengaluru, Delhi NCR, Pune, Hyderabad, Chennai, Ahmedabad, Jaipur, Lucknow, Indore and Coimbatore access to data driven mutual fund advisory at a fraction of traditional advisor cost.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund NAV is the per unit value of a scheme calculated daily after market close. It changes based on the value of underlying assets and is the price at which you buy and sell units. The biggest myth to dispel is that a low NAV represents a more affordable or better investment, which is mathematically incorrect. What matters is the fund&#8217;s portfolio quality, manager skill, expense ratio and consistency of returns, not the absolute NAV level. Use NAV data to track returns and portfolio value, not to compare relative attractiveness of schemes. For SEBI registered mutual fund advisory based on fundamentals rather than NAV myths, log in to Univest today.<\/p>\n<p><em>Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Mutual_Fund_NAV\"><\/span><strong>Frequently Asked Questions on Mutual Fund NAV<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_mutual_fund_NAV\"><\/span><strong>What is mutual fund NAV?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mutual fund NAV (Net Asset Value) is the per unit market value of a mutual fund scheme on a given business day. It equals (Total Assets minus Total Liabilities) divided by Outstanding Units.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_is_mutual_fund_NAV_calculated\"><\/span><strong>How is mutual fund NAV calculated?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> NAV is calculated daily after market close by valuing all underlying assets at closing prices, subtracting liabilities and dividing by outstanding units. Equity at NSE BSE close, debt at CRISIL ICRA matrix prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_does_mutual_fund_NAV_change_daily\"><\/span><strong>Why does mutual fund NAV change daily?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> NAV changes daily because the underlying stocks, bonds and other holdings fluctuate in market value continuously. End of day NAV reflects the closing prices of all portfolio holdings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_a_low_NAV_mean_a_more_affordable_mutual_fund\"><\/span><strong>Does a low NAV mean a more affordable mutual fund?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No, this is a common myth. NAV level is irrelevant to future returns. A Rs 10 NAV fund and Rs 200 NAV fund with the same portfolio will deliver identical percentage returns. Quality matters, not absolute NAV.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_cut_off_time_for_NAV_allocation\"><\/span><strong>What is the cut off time for NAV allocation?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> For equity, hybrid and debt funds (except liquid), the cut off is 3 PM. Orders placed before 3 PM with funds received same day get the same day NAV. Liquid funds have a 1:30 PM cut off.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_can_I_check_mutual_fund_NAV_daily\"><\/span><strong>Where can I check mutual fund NAV daily?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mutual fund NAV is published daily on AMFI India website, AMC websites, Univest platform, financial newspapers like Business Standard and Mint, and research portals like Value Research and Morningstar India.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_NAV_affect_SIP_returns\"><\/span><strong>How does NAV affect SIP returns?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Each SIP installment buys units at the prevailing NAV. Lower NAV means more units, higher NAV means fewer. Over years, this delivers rupee cost averaging, especially valuable during corrections like April 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_difference_between_NAV_in_Growth_and_IDCW_plans\"><\/span><strong>What is the difference between NAV in Growth and IDCW plans?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Growth plan NAV keeps rising as gains are reinvested. IDCW plan NAV fluctuates because periodic dividends reduce NAV by the distributed amount. Long term investors should prefer Growth plans for better compounding.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Complete guide to mutual fund NAV in India 2026. How NAV is calculated, cut off times, myth busted on low NAV, SIP impact. Univest advisory.<\/p>\n","protected":false},"author":28,"featured_media":97983,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,3841],"tags":[4309,4308],"class_list":["post-97958","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","category-mutual-funds","tag-mutual-fund-nav","tag-mutual-fund-nav-explained"],"metadata":{"rank_math_internal_links_processed":["1"],"_edit_lock":["1779783783:28"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["1"],"rank_math_seo_score":["82"],"rank_math_title":["Mutual Fund NAV Explained 2026: Calculation, Cut Off, Myths"],"rank_math_description":["Complete guide to mutual fund NAV in India 2026. How NAV is calculated, cut off times, myth busted on low NAV, SIP impact. 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