Net Asset Value (NAV)
NAV is the sum total of all the assets of the mutual fund (at market price) less the liabilities (fund manager fees, audit fees,
registration fees among others); divide this by the number of units and you get the NAV per unit of the mutual fund.
Compounded Annual Growth Rate (CAGR)
What Does Compound Annual Growth Rate - CAGR Mean?
The year-over-year growth rate of an investment over a specified period of time. The compound annual growth rate is calculated by
taking the nth root of the total percentage growth rate, where n is the number of years in the period being considered.
These are the simple returns, i.e. the returns that an asset achieves, from the day of its purchase to the day of its sale, regardless of how
much time has elapsed in between. This measure looks at the appreciation or depreciation that an asset - usually a stock or a mutual fund -
achieves over the given period of time. Mathematically it is calculated as under:
Generally returns for a period less than 1 year are expressed in an absolute form.