Since price (NAV) displayed is for the last dealing date, what is the NAV on the date that I have transacted?
Net Asset Value is the market value of the fund’s total assets, plus income, less expenses.
Since the NAV of a fund needs to be calculated, it will be announced by the fund houses after 2 dealing days. Hence the NAV displayed is always back dated. The NAV at which you have transacted will be made known to you within 2 dealing days.