What exactly is the NAV of mutual funds?
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Nav of mutual funds
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The NAV of mutual funds is the Net Asset Value which allows you to calculate how much each of the mutual funds are worth.Each of the funds are assigned an NAV unit value.
The Net Asset Value or NAV of Mutual funds is basically a value which allows its investors to calculate that how much would each of your mutual funds are worth of. You can do this as each of your ICICI Pru MF are given a NAV Unit Value.
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