Lic Nav (Net Asset Value) The  Lic NAV is the value based on which the net rate of returns on ULIPs that are provided by the Lic of India. Net asset value (NAV) is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds, since shares of such funds registered with the U.S. Securities and Exchange Commission are redeemed … [Read more...]