BANKING AFFAIRS

Detailed explanation-1: -Net Asset Value is the net value of an investment fund’s assets less its liabilities, divided by the number of shares outstanding. NAV is commonly used as a per-share value calculated for a mutual fund or ETF.

Detailed explanation-2: -The performance of a particular scheme of a Mutual Fund is denoted by Net Asset Value (NAV). In simple words, NAV is the market value of the securities held by the scheme. Mutual Funds invest the money collected from investors in securities markets.

Detailed explanation-3: -Net assets are the value of a company’s assets minus its liabilities. It is calculated ((Total Fixed Assets + Total Current Assets) – (Total Current Liabilities + Total Long Term Liabilities)).

Detailed explanation-4: -a figure showing the total value of the assets of a company or organization, often used by investors to study a company’s share price, its value when sold, etc.: The manager believes they had previously underestimated the company’s asset value and long-term earning power.

Detailed explanation-5: -AUM or Asset Under Management is the total asset being controlled by the mutual fund. It includes all the assets invested by the mutual fund as well as the cash held by it. NAV or Net Asset Value is the price of each unit of a mutual fund.