How to Calculate Rates of NAV in Mutual Funds
For investors, one of the most important things to know before investing in a mutual fund is the Net Asset Value (NAV) rate. The NAV rate is the price per share of the fund, and it changes daily. While there are many factors that affect the NAV rate of a mutual fund, in this post, we will focus on how to calculate it. By understanding how to calculate the NAV rate, you will be able to better understand how mutual funds work and make more informed investment decisions.
To calculate the rate of NAV in mutual fund, or net asset value, of a mutual fund, you'll need to know the total value of the fund's assets and the number of shares outstanding. To find the total value of the assets, add up the market value of all the securities in the fund's portfolio. Then, divide that figure by the numb...