Multiple choice

The NAV of Scheme is 50. What can be the maximum entry load charged to the investor

  1. Rs.2.25

  2. Rs.3.30

  3. Rs.3.50

  4. Rs.7.00
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

With NAV of Rs.50 and maximum entry load of 7%, the calculation is 50 × 0.07 = Rs.3.50. This represents the highest charge an investor could pay at entry under historical SEBI norms.

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