What is NAV?
Net Asset Value (NAV) represents the per-share or per-unit value of a fund, such as a mutual fund or ETF, calculated at the end of each trading day.
The formula
NAV per Share = (Total Assets − Total Liabilities) / Shares Outstanding. Mutual funds are typically bought and sold at their NAV, which reflects the underlying market value of the fund’s holdings.
This calculator is for general investment education, not investment advice.
Last reviewed August 2026