ICICI Pru Life Net Asset vs. Bond Positions Weight Fundamental AnalysisICICI Pru Life Balancer III is one of the top funds in bond positions weight among similar funds. It is one of the top funds in net asset among similar funds making up about 5,537,383 of Net Asset per Bond Positions Weight. Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.Net Asset is current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assest is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Net Asset is the value used in calulating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formullay that uses closing prices of all positions in the fund's portfolio.
ICICI Pru Life Net Asset Comparison