The total market value of all assets of a mutual fund divided by the number of shares of the fund is known as the net asset value.

Question

Quizplus · Accepted Answer

This is the correct definition of net asset value (NAV) for a mutual fund. It represents the current market value of all the securities, cash and other assets in the fund's portfolio, divided by the total number of outstanding shares of the fund. Investors can use NAV as a guide to monitor the performance of their mutual fund investments.

The Total Market Value of All Assets of a Mutual