Understanding NAV in mutual funds is essential for making informed investment decisions. Here's why a lower NAV doesn't necessarily mean a better fund.
What Is NAV in Mutual Funds? Does a Lower NAV Mean a Better Fund?
Imagine you're comparing two mutual funds. One has an NAV of ₹18, while another has an NAV of ₹185. At first glance, the ₹18 fund might seem like the better…