Net asset value (NAV) is value per share of a mutual fund or an exchange-traded fund (ETF) on a specific date or time. With both security types, the per-share amount of the fund is based on the total value of all the securities in its portfolio, any liabilities the fund has and the number of fund shares outstanding.

How Direct and Regular Mutual Funds Differ

It is hard to digest the fact that, even though Direct and Regular Mutual funds have similar investment objectives, there is a difference when it comes to returns. This article is for mutual fund investors who want to know about how the direct and regular mutual funds are similar in terms of portfolio and how do they differ when it comes to returns.