NAV andDividend (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 investment strategies announce their NAVs on a daily basis.

Pursuant to payment of IDCW, the NAV of the IDCW Option under the Plan / Investment Strategy 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.