NAV Calculator - Net Asset Value

Calculate the Net Asset Value (NAV) of a mutual fund, ETF, or investment portfolio. NAV represents the per-share value of a fund's assets minus its liabilities.

NAV Inputs

What Is Net Asset Value (NAV)?

Net Asset Value (NAV) is the value of a mutual fund’s assets after subtracting its liabilities. It helps investors understand how much the fund’s investments are worth after accounting for its expenses and other financial obligations.

A mutual fund may invest in stocks, bonds, cash, and other financial instruments. These investments make up the fund’s assets. The fund may also have liabilities, such as unpaid expenses and other amounts it needs to pay. Subtracting these liabilities from the total assets gives the fund’s net asset value.

NAV per unit is calculated by dividing the fund’s net assets by the total number of outstanding units. It represents the accounting value of each unit of the mutual fund.

NAV Calculator Formula

The NAV Calculator helps you determine a fund's Net Asset Value (NAV) and NAV per share using its investments, cash, receivables, liabilities, and total outstanding shares or units.

The calculator first adds all fund assets and subtracts total liabilities to find the fund's net asset value. It then divides that amount by the total number of outstanding shares or units to calculate the NAV per share or unit.

    Total Assets = Investments + Cash + Receivables

    Total Liabilities = Short Term Liabilities + Long Term Liabilities

    NAV = Total Assets - Total Liabilities

    NAV per Share = NAV ÷ Shares Outstanding

Here is what each input means:

  • Total Investments Value: The current market value of all investments held by the fund.
  • Cash and Cash Equivalents: The money available to the fund, including cash, Treasury bills, and money market holdings.
  • Accounts Receivable: Money owed to the fund, such as unpaid income or other amounts due.
  • Short-Term Liabilities: Amounts the fund owes in the short term, including payables and unpaid expenses.
  • Long-Term Liabilities: Financial obligations and debts due over a longer period.
  • Number of Shares Outstanding: The total number of fund shares or units currently held by investors. This is the number of shares or units, not the number of individual investors.

Example of NAV Calculation

Suppose a fund has the following financial details:

Fund Details Amount
Total Investments Value $500,000
Cash and Cash Equivalents $100,000
Accounts Receivable $50,000
Total Fund Assets $650,000
Short-Term Liabilities $20,000
Long-Term Liabilities $50,000
Total Fund Liabilities $70,000
Number of Shares Outstanding 10,000

Step 1: Calculate total assets.

    $500,000 + $100,000 + $50,000 = $650,000

Step 2: Calculate total liabilities.

    $20,000 + $50,000 = $70,000

Step 3: Calculate Net Asset Value (NAV).

    $650,000 - $70,000 = $580,000

Step 4: Calculate NAV per share.

    $580,000 ÷ 10,000 = $58

Therefore, the fund's total NAV is $580,000, and its NAV per share is $58.00.

The NAV Calculator performs these calculations automatically, helping you understand the fund's net value and the value attributable to each outstanding share or unit.

How to Use the NAV Calculator

Using the NAV Calculator is easy. Enter your fund’s asset values, liabilities, and number of outstanding shares to calculate the Net Asset Value (NAV) per share. Follow these simple steps to get your result.

  1. Enter Total Investments Value: Enter the current market value of all investments held by the fund, in dollars.
  2. Add Cash and Cash Equivalents: Enter the total value of cash, Treasury bills, and money market holdings.
  3. Enter Accounts Receivable: Add any money owed to the fund that it expects to receive.
  4. Enter Number of Shares Outstanding: Provide the total number of shares or units currently held by investors.
  5. Add Short-Term Liabilities: Enter the fund’s short-term financial obligations, such as outstanding payments and payables.
  6. Add Long-Term Liabilities: Enter the value of long-term debt and other long-term financial obligations.
  7. Show Calculation Breakdown (Optional): Enable this option if you want to see how the NAV is calculated, provided the breakdown is available in the results.
  8. Calculate NAV: Click the Calculate button to view the result. Check the NAV per share to understand the fund’s net asset value for each outstanding share or unit.

Frequently Asked Questions (FAQs)

Net Asset Value (NAV) is calculated by subtracting a fund’s total liabilities from its total assets and dividing the result by the total number of outstanding units.

    NAV = (Total Assets − Total Liabilities) ÷ Outstanding Units

A NAV Calculator can help you calculate the value per unit quickly by entering these details.

No. A higher NAV does not necessarily mean a mutual fund is better or will deliver higher returns. To compare funds, consider factors such as investment performance, risk, expenses, and investment objectives rather than NAV alone.

Yes. A mutual fund’s NAV can change daily because the market value of its investments fluctuates. Fund expenses and other relevant factors can also affect its value. The NAV is calculated and published according to the applicable fund rules.

No. For open-ended mutual funds, units are generally bought or redeemed at the applicable NAV-based price, subject to relevant rules and charges. Exchange-traded funds (ETFs), however, trade on stock exchanges at market prices, which may be higher or lower than their Net Asset Value.

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