NAV difference in Zerodha and Moneycontrol

[RJ3110]

Hi,

Could you let me know why there is NAV difference in Zerodha and Moneycontrol for the same date.
Please refer the below images.

Thanks & Regards,
Jogesh nanda

[Bikram]

Fund you are looking in moneycontrol is regular fund and on coin it is direct fund.

[RJ3110]

Yes later i found…btw thanks for your reply…

[AVN]

Its better if you’ve NAV date column in coin so that it will reflect on what date NAV and value is calculated.

[S_J]

Why is the difference in NAV in Zerodha and money control is too high. Even if you say direct plan have higher expense ratio than also it does not explain price difference of more than 2 %.

[Bhuvan]

@S_J

Why is the difference in NAV in Zerodha and money control is too high. Even if you say direct plan have higher expense ratio than also it does not explain price difference of more than 2 %.

You shouldn’t look at NAV from the lens of a stock. Higher NAV ≠ not meant it’s costly and Lower NAV ≠ cheap and more units ≠ more returns.

Now, the reason why the NAV of a direct fund is higher is because there are no commissions paid out. Now if you actually look at the returns you’ll see that directs funds always give higher returns because they don’t pay commissions. Here’s the visualization of Regular, Direct and the % difference between the NAVs.

Check this post for more:

Regular vs Direct Plan in MFs

Hi Shivam, NAV of a scheme is derived from the summation of several factors or variables which is known as the profitability metric. It consists of the following variables : (1) Interest income (2) + Dividend income (3) + Realized capital gains (4) + Valuation gains (5) – Realized capital losses (6) – Valuation losses (7) – Scheme expenses As you can see the 7th variable which is the scheme expenses is a subtraction so basically the NAV would be lesser if this is higher. The expense rat…