Question

A man invested Rs.20,000 in a
mual fund with NAV of Rs.80 and
paying a dividend distribution of Rs.
2.5 per unit. If there was no entry
load, he will receive a dividend of​

Answer 1

Answer:

How is Exit Load Calculated? Exit Load or Exit Fee is a percentage of the Net Asset Value (NAV) of the mutual fund. The amount that is left after deducting the Exit Load from the Net Asset Value of the units redeemed is credited to the investor's account.

Step-by-step explanation:

Answer 2

The  man  will receive dividend of Rs.625.

Step-by-step explanation:

Given:

Rs.20,000  was invested by a man in a mutual fund with a NAV of Rs.80 . Paid Dividend distribution of Rs.2.5 per unit.

There was no entry load

To Find:

The amount of  dividend  which will be  received by the man.

Solution:

Purchase price of one unit = NAV + Entry load

                                         $=80+0$

                                          $=Rs.\ 80$

$No.\ of\ unit\ purchased =\frac{Amount\ Invested}{Purchase\ price\ of\ 1\unit}$

                                      $=\frac{20000}{80}$

                                       $=250$

As given- paid dividend distribution of Rs.2.5 per unit.

$The\ dividend\ received\ by\ man= No.\ of\ the\ unit\ purchased \times dividend\ \ per\ unit.$

                                         $= 250\times2.5$          

                                          $= Rs. 625$        

Thus, the  man  will receive dividend of Rs.625.