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NAV, Dividend & Bonus Units
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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.
If the applicable NAV is Rs. 10.00 and the exit/redemption load is 1%, then the Repurchase Price will be Rs. 9.90.
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