This is the market value of your existing investments based on the most recent mutual fund NAV data available. This is simply calculated as the number of units you own in a mutual fund multiplied by its respective latest NAV (Net Asset Value or price per unit) and then adding up everything fund-wise. This overall value shows how your investments are valued at present and compare it with how much you have invested tells you whether you have profits or losses.
For example:

pasted-image-0--1--1

To understand more terms that you may see on your dashboard, you can refer to our blog.