Should I avoid funds with higher NAVs?

We thought the myth of lower NAVs being better was put to rest. However, some investors still are unsure as they noticed higher NAVs of direct plans vis-a-vis their regular counterparts. Several of them mailed Ask Value Research, asking whether it really makes sense to buy direct plans of mutual funds since these plans have a higher NAV than their regular versions. Most questions read like this: Is it prudent to buy a direct plan with a higher NAV? I will get a lot of units if I buy a regular plan with a lower NAV with the same money. So isn't it better to go for a regular plan with a lower NAV? Suggested read: Do the NAVs of direc

This article was originally published on March 18, 2016, and last updated on September 05, 2024.