Question

Mr. X invested Rs. 14724in HDFC Mutual Fund on 01-01-2021when the NAV was Rs. 480 the entryload being 2.25%. On 06-01-2021, a dividend of 300% was declared and on 08-01-2021, another dividend of 200% was declared. On 30-01-2021, he sold all the units at NAV of Rs. 485 with an exit load of 0.1%. Find the gain/loss and the rate of return in the entire deal.

Answer 1

Answer:

Consider the following pattern