NAV or Net Asset Value is the market value of the mutual fund security which is calculated by dividing the net asset value of the scheme with the number of units outstanding. As an investor, you will be buying NAV to invest in the mutual fund.
What all documents are required?
The following documents are required to participate in the mutual fund for the first time:
Proof of identity like Pan card.
Proof of Address like UID, voter ID, passport, etc.
Passport size photograph.