Net Asset Value (NAV)
NAV (Net Asset Value):
Net Asset Value is defined as the market value of all assets in the fund less liabilities. NAV is generally declared on per unit basis, dividing the total Net Asset Value by the outstanding number of units of the fund.
NAV will be disclosed on weekly basis.
Units surrendered in less than 30 calendar days of purchase will get 2% less (Exit Load) than the published “Investor’s Sale Price”. For IDLC SIP Investors, this only applies against surrender of 1st installment.
The “Investor’s Buy Price” and “Investor’s Sale Price” will remain valid for May 31 (Sunday), 2020 to June 03 (Wednesday), 2020