The ratio of net assets of a mutual fund scheme to a number of units outstanding
is called....
O Net Asset value
Rate of dividend
Average value
O
Market value
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Answered by
1
Answer:
It is given that two circle having radii 5.5 cm and 4.2 cm touch each other externally. We know, the distance between the centres of the circles touching externally is equal to the sum of their radii. Thus, the distance between their centres is 9.7 cm.
Answered by
0
The ratio of net assets of a mutual fund scheme to a number of units outstanding is called Net Asset Value
Therefore, option (1) is correct.
Step-by-step explanation:
For any mutual fund, the Net Asset Value (NAV) is calculated by the following formula
Net Asset value (NAV) = (Value of the Asset - Liabilities)/No. of outstanding shares)
Or, NAV = Net Assets/No. of outstanding shares
Hope this answer is helpful.
Know More:
Q: The NAV of a unit in mutual fund scheme is Rupees 10.65 then find the amount required to buy 500 such units.
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