How do you calculate the Gav in mutual funds?

The Gross Asset Value (GAV) in mutual funds is calculated by summing the total market value of all assets held within the fund's portfolio, including stocks, bonds, cash, and other investments. To find the GAV, you add the current market values of each asset, then subtract any liabilities or expenses associated with the fund. This figure provides an overview of the fund's total worth before any fees or distributions are accounted for. The GAV is essential for determining the Net Asset Value (NAV) per share, which is used for pricing mutual fund shares.