Multiple choice

If a mutual fund calculates NAV daily, it will include all the transactions concluded up to

  1. last week

  2. last two days

  3. previous day

  4. that day

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

NAV (Net Asset Value) is calculated at the end of each business day and includes all transactions concluded up to that day. This ensures the NAV reflects the most current portfolio value and investor activity.