A fund's investments at market value total 700 crores, total liabilities stand at * 50 lakhs and
the number of units outstanding is 28 crore. What is the NAV?
(a) 30.19
for 24.98
c) 32.15
(d) 40.49
Answers
Answered by
0
Answer:
Explanation:B
Answered by
0
Answer:
As per my analysis of the given question is 24.98.
Explanation:
We calculate the NAV of a mutual fund by dividing the sum of the total assets by the number of units issued. To find the total assets of the fund, subtract any liabilities from the current value of mutual fund assets and divide the figure by the total number of units remaining.
Hence, the final answer is 24.98.
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