Net Asset Value definition

Net Asset Value or "NAV” means per Unit value of the Trust arrived at by dividing the Net Assets by the number of Units outstanding.

Net Asset Value means the net asset value determined as set forth in the Prospectus of each Fund.

Net Asset Value means the net asset value of each Series or Class of the Trust determined in the manner provided in Section 7.4 hereof, and “Net Asset Value per Share” has the meaning assigned in Section 7.4 hereof.

Examples of Net Asset Value in a sentence

• Failure on the part of the said investor to redeem his exposure over the 25% limit within the aforesaid 15 days would lead to automatic redemption by the Mutual Fund on the applicable Net Asset Value on the 15th day of the notice period.

• Failure on the part of the said investor to redeem his exposure over the 25 % limit within the aforesaid 15 days would lead to automatic redemption by the Mutual Fund on the applicable Net Asset Value on the 15th day of the notice period.

• The Net Asset Value (NAV) of the segregated portfolio shall be declared on daily basis.

• Net Asset Value This is the value per unit of the scheme on a particular day.

• The Unitholders are given an option for a period of 30 days to exit at the prevailing Net Asset Value without any exit load.

More Definitions of Net Asset Value

Net Asset Value means the net asset value of each Series of the Trust or Class thereof determined in the manner provided in Article X, Section 3;

Net Asset Value means the net asset value of each Series of the Trust determined in the manner provided in Article IX, Section 9.03 hereof;

Net Asset Value means the net asset value of each Series of the Trust, determined as provided in Article VI, Section 3.

Net Asset Value means the Net Asset Value of a Fund or attributable to a Class (as appropriate) calculated as referred to herein.

Net Asset Value means the per share value of a Fund, or in the case of a Fund with multiple classes of shares, the per share value of a class, calculated in the manner described in the Funds’ Offering Materials.

Net Asset Value means the net asset value of a Sub-Fund or, as the context may require, the net asset value of a Unit calculated under the Trust Deed.

Net Asset Value means the net asset value of each Series or Class of the Trust, determined as provided in Article VI, Section 1 hereof;