Answer Space

Most mutual fund schemes come in three options – dividend, dividend reinvestment, and growth. Undergrowth option, you get the units at the time of buying and you have a same number of units till the end. The NAV keeps changing according to performance.

You should not consider NAV as a deciding factor while investing in Mutual Funds. It is a myth that it’s good to invest in Mutual Fund with low NAV mutual funds because you will get more units and that means more returns.