NAV Net Asset Value is calculated at the end of each day's trading session and reflects the fund's assets minus its liabilities, divided by the number of outstanding unit The Net Asset Value (NAV) is a crucial metric for understanding and comparing mutual funds. NAV provides insights into the fund’s performance, helping investors make informed decisions. This article delves into the step-by-step process of calculating and interpreting NAV for mutual funds, along with its significance and relevance to Systematic Investment Plans (SIP).