Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

Net Asset Value (NAV)

Updated on 2023-08-29T11:58:38.584685Z

Net Asset Value or NAV is defined as the difference between the assets and liabilities of an entity. For mutual funds, it refers to the market value per fund unit on a specific date or time. A higher NAV indicates the mutual fund scheme's performance and the return generated on the investment.