Question

The NAV of a fund at the time of
purchase was 176 and its NAV after 10
months was 198. The percentage
change in the NAV is
O 22
O 12.50%
O 11.11%
O 15%​

Answer 1

Answer:

For example, many mutual fund investors used to believe that they should buy mutual funds during an NFO (new fund offer) because the units are available at Rs 10.