Net Asset Value per Share or NAVPS it the value at which investors could subscribe or redeem the shares of a mutual fund.
NAVPS is calculated on a daily basis using the following formula:
NAVPS = Total Value of Fund Assets - Total Liabilities
Number of shares Outstanding
Value of the NAVPS is affected by dividends on stocks, interest on bonds and increase or decrease in price of the securities. Fees and cost of the operation is also a factor affecting the NAVPS.
The picture below is where you can find the NAVPS. Just click ORDER ENTRY, type in the mutual fund code then hit enter.
