NAV definition

NAV means net asset value.

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NAV means Net Asset Value of the Units of the Scheme calculated in the manner provided in this Scheme Information Document and in conformity with the SEBI Regulations as prescribed from time to time.

NAV means the net asset value per share of a Fund.

Examples of NAV in a sentence

NAV shall be calculated exclusively by reference to objective, third-party pricing data and shall not include any subjective adjustments by the Manager.
The asset management fee will be calculated as of the last day of each calendar quarter and payable quarterly in arrears (i.e. 1% initially and 0.5% of the NAV at the last day of each calendar quarter, payable within 30 days from the end of each calendar quarter), without any acceleration, adjustment, or increase, provided that in no event shall such fee exceed reasonable compensation within the meaning of § 4975(d)(2) of the Internal Revenue Code.
Any Management Fee shall be calculated and paid to the Adviser on a class-by-class basis, based on the NAV of each applicable class of the Company’s Shares.
The Investor agrees that the requirements of this paragraph shall be satisfied if the Company reports its NAV per Share and number of Shares outstanding for each type of Share outstanding as of the last day of each month on its website as described in the Memorandum.
Distributor shall have no duty to inquire into or liability for the accuracy of the NAV per Share as calculated.

More Definitions of NAV

NAV means the net asset value per Share of each Fund as determined by the Fund, or its designated agent, in accordance with and at the times indicated in the applicable Prospectus of the Fund on each Fund Business Day in accordance with the method set forth in the Prospectus and guidelines established by the Board.

NAV means Net Asset Value per Unit of the Scheme and the Plans / Options therein, calculated in the manner provided in this Scheme Information Document and in conformity with the SEBI Regulations as prescribed from time to time;

NAV means the Company’s net asset value, calculated pursuant to the Valuation Guidelines.

NAV means the net asset value of a Fund.

NAV has the meaning assigned to such term in Section 5.12.

NAV means Net Asset Value.

NAV means the official net asset value (the "Net Asset Value") for a Fund Share as published by the Fund or the Management Company or by a third person on their behalf and at which it is actually possible to redeem Fund Shares.