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Q: 'Equity schemes managed strong NAV gains, which boost their assets' was a news in some financial newspapers. What is the full form of the term NAV as used in above head lines ?

  • 1
    Nil Accounting Variation
  • 2
    New Asset Venture
  • 3
    Net Accounting Venture
  • 4
    Net Asset Value
  • Show Answer
  • Workspace

Answer : 4. "Net Asset Value"
Explanation :

Answer: D) Net Asset Value Explanation: Net asset value (NAV) is value per share of a mutual fund or an exchange-traded fund (ETF) on a specific date or time. It  is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds, since shares of such funds registered with the U.S. Securities and Exchange Commission are redeemed at their net asset value.

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