Mutual Fund NAV (Net Asset Value) is the price at which you buy or sell mutual fund units. NAV is calculated daily after market close by dividing the total market value of the fund’s portfolio by the number of outstanding units.
Top Mutual Fund NAVs – Today’s Rates
💼 Top Mutual Fund NAVs
Source: AMFI India | Updated: 10-05-2026 11:31 IST
| Fund | NAV | Prev NAV | Change | Change % | Date |
|---|---|---|---|---|---|
| Sundaram Financial Services Opportunities ... | ₹121.14 | ₹122.28 | ₹-1.1475 | -0.94% | 08-05-2026 |
| Axis ELSS Tax Saver Fund - Direct Plan - G... | ₹107.15 | ₹107.67 | ₹-0.5229 | -0.49% | 08-05-2026 |
| Aditya Birla Sun Life Large & Mid Cap Fund... | ₹921.81 | ₹925.21 | ₹-3.4000 | -0.37% | 08-05-2026 |
| Parag Parikh Flexi Cap Fund - Direct Plan ... | ₹91.52 | ₹91.81 | ₹-0.2822 | -0.31% | 08-05-2026 |
| Axis Small Cap Fund - Direct Plan - Growth | ₹127.30 | ₹127.33 | ₹-0.0300 | -0.02% | 08-05-2026 |
NAV data from AMFI India. Past performance is not indicative of future returns. This is for information only, not investment advice.
How to Read Mutual Fund NAV
A higher NAV does not mean the fund is expensive — it only means the fund has been running longer and has grown. When comparing mutual funds, focus on consistent return performance, not the absolute NAV. A fund with NAV of Rs.100 and a fund with NAV of Rs.1,000 can deliver the same percentage return from today.
How to Start Mutual Fund Investing
- SIP (Systematic Investment Plan): Invest a fixed amount monthly — best for salaried investors. Start with as little as Rs.500/month.
- Lumpsum: Invest a larger amount at once — suitable when markets are at attractive valuations.
- Direct vs Regular: Direct plans have lower expense ratios (no distributor commission). Regular plans are sold through advisors/banks.
Calculate your potential returns using our SIP Calculator, Lumpsum Calculator, and Mutual Fund Calculator. Explore Best Mutual Fund Apps in India for convenient investing.
Best Mutual Fund Categories in India 2026
- Large Cap Funds: Invest in the top 100 companies by market cap. Low risk, steady returns. Examples: Mirae Asset Large Cap, Axis Bluechip.
- Flexi Cap Funds: Fund manager can invest across large, mid, and small caps — most versatile category. Examples: Parag Parikh Flexi Cap, PGIM India Flexi Cap.
- Mid Cap Funds: Invest in companies ranked 101-250 — higher growth potential with higher volatility. Suitable for 5+ year horizon.
- Small Cap Funds: Invest in companies below rank 251 — highest growth but also highest risk. Suitable for 7+ year horizon with high risk tolerance.
- Index Funds: Track market indices passively. Very low cost, no fund manager risk. Ideal for beginners and long-term investors.
- Liquid Funds: Invest in short-term debt instruments. Ideal for parking surplus money (1-90 days). Returns slightly better than savings accounts.
SIP vs Lumpsum: Which Strategy Works Better?
The debate between SIP and lumpsum investing depends on market conditions and your cash availability:
- SIP advantages: Rupee cost averaging reduces impact of market volatility. Enforces investment discipline. Best when you have regular income but limited lumpsum.
- Lumpsum advantages: Puts more money to work earlier — benefits more when markets rise steadily. Best when you have surplus cash and markets are at attractive valuations (P/E below 20).
- Hybrid approach: Most financial advisors recommend keeping a core SIP and deploying extra lumpsum investments during significant market corrections (>15-20% correction).
Tax on Mutual Fund Returns in India (FY 2024-25)
- Equity funds (STCG): Gains within 12 months taxed at 20% (revised from 15% in Budget 2024)
- Equity funds (LTCG): Gains after 12 months taxed at 12.5% on gains above Rs.1.25 lakh per year (without indexation)
- Debt funds: Gains added to income and taxed at slab rate, regardless of holding period (post-April 2023 rule)
- Hybrid funds: Tax treatment based on equity allocation — if >65% equity, treated as equity fund for tax
- Dividends: Mutual fund dividends (IDCW) are added to investor’s income and taxed at applicable slab rate
Frequently Asked Questions (FAQs) – Mutual Fund NAV
When is mutual fund NAV updated?
SEBI requires mutual funds to publish NAV by 11 PM daily for equity funds (10 PM for liquid/overnight funds). The NAV published represents the fund’s per-unit value at market close. Our page fetches NAV from AMFI India after publication and updates twice daily.
How is mutual fund NAV calculated?
NAV = (Total Assets – Total Liabilities) / Total Number of Outstanding Units. Total assets include the market value of all securities, cash, and receivables held by the fund. Liabilities include accrued expenses and fees.
Should I invest in mutual funds or stocks directly?
Mutual funds are suitable for investors who prefer professional management, diversification, and lower time commitment. Direct stock investing offers higher potential returns but requires significant research and monitoring. Most financial planners recommend a combination: core portfolio in diversified equity mutual funds + selective direct stock positions.
What is the difference between Direct and Regular mutual fund plans?
Direct plans are purchased directly from the AMC without involving a distributor — they have a lower expense ratio (typically 0.5-1% less than regular). Regular plans are sold through brokers/distributors who receive a commission from the AMC. Over 20+ years, the cost difference in direct plans can result in significantly higher corpus.
Can I withdraw mutual fund money anytime?
Open-ended mutual funds can be redeemed on any business day. Liquid and overnight funds process redemption within 1 business day (T+1). Equity funds typically take T+2 to T+3 business days for redemption proceeds to reach your bank account. ELSS (tax-saving) funds have a 3-year lock-in period.
Is mutual fund NAV the same as share price?
No. Share price is determined by stock market supply and demand and changes throughout the trading day. Mutual fund NAV is calculated once daily after market close based on the value of the fund’s underlying portfolio. You cannot buy/sell a mutual fund at intraday prices — all transactions at a cut-off time use the same day’s NAV.
What is ELSS and what are its tax benefits?
ELSS (Equity Linked Savings Scheme) is a type of equity mutual fund that qualifies for tax deduction under Section 80C of the Income Tax Act — up to Rs.1.5 lakh per year can be claimed. ELSS has a 3-year lock-in (shortest among 80C instruments). After 3 years, gains above Rs.1.25 lakh are taxed at 12.5% LTCG.
What is the SIP cut-off time for same-day NAV?
For equity and hybrid mutual funds, the cut-off time is 3:00 PM IST. SIP investments received (funds credited to the AMC) before 3:00 PM on a business day get the same day’s NAV. Investments after 3:00 PM get the next business day’s NAV. For liquid funds, the cut-off is 1:30 PM.
How many mutual funds should I invest in?
Investing in too many funds creates over-diversification without benefit — returns converge to the index. Most financial advisors recommend 3-5 funds: one large cap/index fund, one flexi cap, one mid/small cap (if high risk tolerance), and optionally one debt/liquid fund. Adding more funds beyond 5-6 rarely improves risk-adjusted returns.
What is the difference between Growth and IDCW (Dividend) option in mutual funds?
In the Growth option, profits are reinvested and your NAV grows over time — ideal for long-term wealth creation. In the IDCW (Income Distribution cum Capital Withdrawal) option, the fund periodically distributes profits as dividends, which reduces the NAV. Dividends are taxed as income at your slab rate. Growth option is tax-efficient for long-term investors.
Angel One (Trading & Demat Account)