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YOU ARE HERE > Moneycontrol > Insurance > Glossary

Insurance

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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

What is Fund Value and how it is determined?

The value of policy is the fund value. In simple terms, it is the total value of units that you hold in funds.
Fund Value = (Number of equity fund units x NAV of equity fund) + (Number of bond fund units x NAV of bond fund) + (Number of money market fund units x NAV of money market fund)
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