Exerciso 3.1
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1 Satish invests * 1,50,000 in a mutual fund scheme with no entry
load and exit load of 3% upto 3 years. He receives dividend at 5%
per year for 7 years. At the end of 7 years, the NAV is 1,80,000.
What is the rate of return ?
2. Geeta invested * 80,000 in a cumulative (no dividend payout)
mutual fund scheme, in which there is no entry load or exit load.
The NAV after 7 years is 2,10,000. What is the rate of return ?
3. Thomas invested * 1,25,000 in a mutual fund scheme with no entry
load and no exit load. He received a dividend of 6%, 8% and 10%
for first three years. At the end of three years, the NAV dropped to
*1,00,000. What is the rate of return ?
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I don't have time to write this much answer
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Answered by
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Answer:
1 ans is 7.85%
2 ans is 23.21%
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