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.

4.8^~ Rated
7.7 Crore Registered Consumer
50 Partners Insurance Partners
4.2 Crore Policies Sold

ULIP Plans

Plan starting from ₹1,000/month
Save upto ₹46,800 in Tax under section 80C^{^}
Zero LTCG Tax^¶
In built life cover

We are rated^~

7.7 Crore

Registered Consumer

Insurance Partners

4.2 Crore

Policies Sold

Top performing plans with High Returns^**

Invest ₹10K/month & Get ₹1 Crore^# on Maturity

Your Name

+91

Mobile Number

Your personal information is secure with us

By clicking on "View Plans" you agree to our Privacy Policy and Terms of use

Get Updates on WhatsApp

We are rated^~

7.7 Crore

Registered Consumer

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:8,243 Cr

8,243 Cr

NAV

120.7

-0.87%

Returns

27.73%

Returns

31.47%

Highest Returns

Returns

19.3%

Get Details

Virtue II

PNB Metlife

AUM:3,314 Cr

3,314 Cr

NAV

75.97

-0.30%

Returns

18.68%

Returns

25.83%

Highest Returns

Returns

16.48%

Get Details

Accelerator Mid-Cap Fund II

Bajaj Allianz

AUM:6,109 Cr

6,109 Cr

NAV

86.97

-0.35%

Returns

20.48%

Returns

22.28%

Highest Returns

Returns

15.61%

Get Details

Opportunities Fund

HDFC Standard

AUM:38,633 Cr

38,633 Cr

NAV

78.45

-0.37%

Returns

18.47%

Returns

22.64%

Highest Returns

Returns

15.48%

Get Details

Pure Equity

Birla Sun Life

AUM:2,845 Cr

2,845 Cr

NAV

77.4

-0.20%

Returns

17.56%

Returns

21.84%

Highest Returns

Returns

15.07%

Get Details

Fund Name

AUM

NAV

Returns (in %)

3 Year

5 Year

10 Year

Whole Life Aggressive Growth Fund

Canara HSBC Oriental Bank

AUM:843 Cr

843 Cr

NAV

94.39

-0.70%

Returns

18.46%

Returns

19.93%

Highest Returns

Returns

14.91%

Get Details

Whole Life Stable Growth Fund

Canara HSBC Oriental Bank

AUM:268 Cr

268 Cr

NAV

62.47

-0.30%

Returns

13.78%

Returns

15.46%

Highest Returns

Returns

12.08%

Get Details

Balanced Fund

Canara HSBC Oriental Bank

AUM:365 Cr

365 Cr

NAV

48.01

-0.28%

Returns

12.75%

Returns

13.61%

Highest Returns

Returns

11.02%

Get Details

Balanced Pension

Canara HSBC Oriental Bank

AUM:559 Cr

559 Cr

NAV

71.06

-0.30%

Returns

10.22%

Returns

12.32%

Highest Returns

Returns

10.7%

Get Details

Asset Allocation Fund II

Canara HSBC Oriental Bank

AUM:323 Cr

323 Cr

NAV

31.58

-0.24%

Returns

11.26%

Returns

12.8%

Highest Returns

Returns

10.63%

Get Details

Fund Name

AUM

NAV

Returns (in %)

3 Year

5 Year

10 Year

Builder

Canara HSBC Oriental Bank

AUM:237 Cr

237 Cr

NAV

90.36

-0.35%

Returns

7.45%

Returns

8.21%

Returns

8.45%

Highest Returns

Get Details

Whole Life Income Fund

Canara HSBC Oriental Bank

AUM:811 Cr

811 Cr

NAV

38.64

-0.01%

Returns

6.16%

Returns

6.99%

Returns

7.84%

Highest Returns

Get Details

Debt Fund

Canara HSBC Oriental Bank

AUM:478 Cr

478 Cr

NAV

36.64

-0.02%

Returns

5.89%

Returns

7.02%

Returns

7.63%

Highest Returns

Get Details

Conservative Fund

Canara HSBC Oriental Bank

AUM:231 Cr

231 Cr

NAV

56.2

-0.10%

Returns

7.46%

Returns

8.1%

Highest Returns

Returns

7.56%

Get Details

Protector

Canara HSBC Oriental Bank

AUM:299 Cr

299 Cr

NAV

64.86

-0.16%

Returns

6.49%

Returns

7.03%

Returns

7.54%

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

Select Company

Select Ulip Plan

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.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^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.