A unit of an open-end fund was purchased when its NAV was Rs. 40. At year end, its NAV was Rs. 44. The percentage annualized change in NAV IS
Reveal answer
Fill a bubble to check yourself
Keep practicing — related questions
- If the NAV of an open-end fund increased from Rs.16 to Rs.20 in 6 months, the absolute return is
- In an open-ended fund, NAV per unit is Rs. 11, entry load is 2%. An investor invests Rs. 110, she will get
- A unit holder purchased 200 units of a mutual fund at NAV of Rs.12, each. There was no entry load. The fund...
- If the value of total assets of a fund is 12000 and the fund has issued 900 units, the NAV of the unit is
- Ludhiana Club has a bar inside the club. Purchases on the account of bar during the previous month were Rs....
- Subscription income during an year is Rs. 1,60,000. Subscription accrued at the beginning and at the end is...
- Deepak opened a recurring deposit account in a bank and deposited Rs. 500 per month for 3 years. If he will...
- A total of 32 books and 40 copies were purchased for Rs. 6960. If the average price of a book was Rs. 155, ...