Question

51:
Sub Name: Mathematical and Statistical Tec
Q:2) single choice mcqs
Marks
An investor sold his 157.4 units of a Mutual
a
Fund when the NAV was 20.5, the amount
received by him if there was no exit load
is​

Answer 1

The net asset value or NAV of a mutual fund is an important concept every mutual fund investor should understand. However, it is one of the least understood concepts. Many investors don’t understand the relevance of it, and how it is calculated.