NAV and Dividend (IDCW)

Net Asset Value is the worth, in market terms, for each unit of the fund. It is calculated as the market value of all investments in the fund less liabilities and expenses divided by the outstanding number of units in the fund. Most schemes announce their NAVs on a daily basis.

Pursuant to payment of dividend, the NAV of the Dividend Option under the Plan / Scheme falls to the extent of payout and statutory levy, if any

If the applicable NAV is Rs. 10.00 and the exit load is 1%, then the Repurchase Price will be Rs. 9.90.