Question

.4271-
2) Maneeshad Rs. 20,000/- on 2nd of every month for 5 onths in a
SIP of a mutual fund , with NAVs as Rs. 53.12 , Rs. 56.26 , Rs. 48.86
Rs.50.44 and Rs. 54.62 respectively. The entry load was 2.25 %
throughout this period .Find average price, including the entry load,
using the Rupee-cost -Averaging method and compare it with
Arithmetic mean of prices.
(Calculate up to 2 decimal points)​

Answer 1

Answer:

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