What does NAV tell you?

NAV (Net Asset Value) tells you the current market value of each unit in your ULIP or mutual fund. It reflects the fund's performance and helps investors assess the value of their investment.

Is NAV a good indicator?

NAV alone is not a definitive indicator of a fund's performance. It's essential to consider other factors like investment objectives, risk profile, past performance, expense ratio, and market conditions when evaluating the suitability of a fund.

What is NAV in ULIPs?

NAV stands for Net Asset Value. In ULIPs, it's like a stock price but for your entire investment. It shows how much each unit you own is worth based on the current value of the stocks, bonds, etc., held by the ULIP plan. A higher NAV means your investment is doing well. Understanding the concept of NAV (Net Asset Value) is important in determining the returns generated by ULIP investments.

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7.7 Crore

Registered Consumer

50

Insurance Partners

4.2 Crore

Policies Sold

Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.

Fund Name

AUM

NAV

Returns (in %)

3 Year

5 Year

10 Year

High Growth Fund

Max Life

AUM:8,482 Cr

8,482 Cr

NAV

119.99

1.59%

Returns

23.95%

Returns

31.9%

Highest Returns

Returns

20.47%

Get Details

Whole Life Mid Cap Equity Fund

Tata AIA

AUM:13,435 Cr

13,435 Cr

NAV

158.69

2.49%

Returns

21.08%

Returns

27.7%

Highest Returns

Returns

20.43%

Get Details

Virtue II

PNB Metlife

AUM:3,532 Cr

3,532 Cr

NAV

77.53

1.12%

Returns

17.59%

Returns

26.28%

Highest Returns

Returns

17.97%

Get Details

Accelerator Mid-Cap Fund II

Bajaj Allianz

AUM:6,452 Cr

6,452 Cr

NAV

86.49

1.27%

Returns

17.79%

Returns

22.67%

Highest Returns

Returns

16.96%

Get Details

Opportunities Fund

HDFC Standard

AUM:40,966 Cr

40,966 Cr

NAV

78.44

1.16%

Returns

15.75%

Returns

23.42%

Highest Returns

Returns

16.86%

Get Details

Fund Name

AUM

NAV

Returns (in %)

3 Year

5 Year

10 Year

Whole Life Aggressive Growth Fund

Canara HSBC Oriental Bank

AUM:869 Cr

869 Cr

NAV

93.59

0.82%

Returns

16.11%

Returns

20.41%

Highest Returns

Returns

15.83%

Get Details

Whole Life Stable Growth Fund

Canara HSBC Oriental Bank

AUM:266 Cr

266 Cr

NAV

61.92

0.32%

Returns

12.53%

Returns

15.66%

Highest Returns

Returns

12.78%

Get Details

Balanced Fund

Canara HSBC Oriental Bank

AUM:380 Cr

380 Cr

NAV

48.06

0.34%

Returns

11.49%

Returns

14.21%

Highest Returns

Returns

11.91%

Get Details

Asset Allocation Fund II

Canara HSBC Oriental Bank

AUM:341 Cr

341 Cr

NAV

31.32

0.18%

Returns

9.45%

Returns

12.98%

Highest Returns

Returns

11.36%

Get Details

Save N Grow Money Fund

Canara HSBC Oriental Bank

AUM:68 Cr

68 Cr

NAV

58.7

0.37%

Returns

8.69%

Returns

11.34%

Highest Returns

Returns

10.82%

Get Details

Fund Name

AUM

NAV

Returns (in %)

3 Year

5 Year

10 Year

Builder

Canara HSBC Oriental Bank

AUM:243 Cr

243 Cr

NAV

89.55

0.06%

Returns

6.87%

Returns

8.26%

Returns

8.91%

Highest Returns

Get Details

Whole Life Income Fund

Canara HSBC Oriental Bank

AUM:802 Cr

802 Cr

NAV

38.31

0.03%

Returns

6.22%

Returns

7.01%

Returns

8.18%

Highest Returns

Get Details

Debt Fund

Canara HSBC Oriental Bank

AUM:482 Cr

482 Cr

NAV

36.29

0.04%

Returns

5.92%

Returns

6.91%

Returns

7.93%

Highest Returns

Get Details

Conservative Fund

Canara HSBC Oriental Bank

AUM:233 Cr

233 Cr

NAV

55.4

0.09%

Returns

7.01%

Returns

7.98%

Highest Returns

Returns

7.92%

Get Details

Protector

Canara HSBC Oriental Bank

AUM:307 Cr

307 Cr

NAV

64.22

0.06%

Returns

6.07%

Returns

7.01%

Returns

7.89%

Highest Returns

Get Details

Disclaimer :
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in

What is NAV in ULIP?

Net Asset Value (NAV) is the value of a single unit of an asset minus liabilities of the investment fund. It helps in tracking the performance of a fund.

Here's how NAV works in ULIPs:

Unit System: A portion of your Unit Linked Insurance Plan premium is invested in various market instruments like stocks, bonds, etc. These investments are held in units.
NAV reflects value: Each unit has a NAV, which represents the current market value of the underlying assets in the ULIP fund minus the liabilities (expenses) of the fund.
NAV determines purchase/redemption price: The NAV determines the price at which you purchase additional units with your future premiums or redeem your existing units.

The NAV in ULIPs changes daily as it is influenced by the performance of the underlying assets held by the fund. If the fund performs well, the NAV will increase and vice-versa.

How is NAV in ULIPs Calculated?

Formula to calculate ULIP NAV:

NAV = (Market Value of Investments + Current Assets) - (Value of Current Liabilities & Provisions) / Total number of outstanding units on the date.

Lets Under NAV with an Illustration:

Imagine Rakesh has a ULIP fund with the following:

Market Value of Investments: ₹1,00,000

Current Assets: ₹10,000

Liabilities: ₹5,000

Number of Outstanding Units: 10,000

Step 1: Calculate the total net assets of the fund

Total Net Assets = Market Value of Investments + Current Assets - Liabilities

= ₹1,00,000 + ₹10,000 - ₹5,000

= ₹1,05,000

Step 2: Divide the net assets by the number of outstanding units

NAV = Total Net Assets / Number of Outstanding Units

= ₹1,05,000 / 10,000 units

= ₹10.50 per unit

Therefore, in this example, the NAV of the ULIP fund is ₹10.50 per unit. This signifies that each unit you hold in the ULIP is currently worth ₹10.50.

Importance of NAV in ULIPs

The Net Asset Value (NAV) of ULIP is calculated daily. It is therefore important for all investors to keep an eye on it to make informed decisions. Here are a few reasons why monitoring NAV is essential in ULIPs:

Helps in tracking the fund performance
Helps in making informed investment decisions
Helps in determining risk
Helps in managing costs

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In Conclusion

Investors should keep in mind that NAV can be influenced by market fluctuations and changes in the value of the underlying assets of the fund. NAV in ULIP is a key component to determine a fund’s future performance. It is important to carefully assess the risk profile and investment objectives before purchasing a ULIP scheme.

FAQs

What does NAV tell you?

NAV (Net Asset Value) tells you the current market value of each unit in your ULIP or mutual fund. It reflects the fund's performance and helps investors assess the value of their investment.
Is NAV a good indicator?

NAV alone is not a definitive indicator of a fund's performance. It's essential to consider other factors like investment objectives, risk profile, past performance, expense ratio, and market conditions when evaluating the suitability of a fund.

†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
+Returns Since Inception of LIC Growth Fund
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
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^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.