How is the buy NAV averaged for multiple orders in the same scheme on FYERS?
When you invest in a mutual fund scheme through FYERS multiple times, your Buy Net Asset Value (NAV) is averaged based on the total investment amount and units received across all transactions. This ensures a consolidated and transparent view of your holdings.
How NAV averaging works?
- The buy NAV is recorded based on the closing NAV on the day of each purchase.
- If you invest again in the same scheme on a different date, that day’s closing NAV is applied for the new units.
- FYERS then averages the NAV across all purchases by dividing the total amount invested by the total units held.
Example
Let's take an example of Mr. Kannan, a FYERS client:
- First investment: ₹1,00,000 in ICICI Small-Cap Fund at NAV ₹10 = 10,000 units
- Second investment: ₹2,00,000 in the same fund at NAV ₹20 = 10,000 units
- Total investment: ₹3,00,000
- Total units: 20,000
Averaged Buy NAV = ₹3,00,000 ÷ 20,000 = ₹15
So, in Kannan’s portfolio, his holdings for the scheme will reflect a buy average NAV of ₹15.
What if...
| Scenario | Explanation |
|---|
| You invest small amounts over time | Each entry will be included in the average as per its NAV. |
| You redeem units | Average NAV remains based on remaining units. |
| You use SIP and lump sum in the same scheme | Both modes are factored into the average NAV calculation. |
| You switch from one plan to another | New investments post-switch will reset the NAV averaging for the new plan. |
Your averaged NAV is visible under Mutual fund holdings in Portfolio and gets updated with every new investment or redemption.
Last updated: 11 Jun 2025
Related Articles
Does the NAV of a mutual fund scheme change daily?
Yes, the Net Asset Value (NAV) of a mutual fund scheme typically changes every business day. NAV reflects the per-unit market value of all securities held by the fund after accounting for expenses and liabilities. It is calculated and published by ...
When is NAV applied for mutual fund orders on FYERS?
On FYERS, the Net Asset Value (NAV) is applied based on when your payment is credited to ICCL (Indian Clearing Corporation Limited), not just when you place the order. The NAV varies by fund type, payment method, and transaction timing. 1. NAV ...
What is the impact of dividends on the NAV if the IDCW scheme has paid dividends?
When a mutual fund scheme under the IDCW (Income Distribution cum Capital Withdrawal) option declares and pays out dividends, the Net Asset Value (NAV) of the scheme falls. This drop is a direct result of the distribution of the scheme’s assets to ...
What are Regular, Bracket, and Cover orders in FYERS?
At FYERS, we provide multiple order types to suit different trading styles and risk preferences. You can choose between Regular, Bracket, and Cover orders based on how you want to manage your entry, exit, and stop-loss in the market. Types of order ...
What happens if a mutual fund scheme closes down?
While mutual fund investments are typically long-term instruments, there are rare situations where a scheme may close down or wind up. If this happens, the fund house follows a regulated process to liquidate assets and return the proceeds to ...