Solved

You Invested 1,000 in a Mutual Fund with a 4

Question 2

Multiple Choice

You invested 1,000 in a mutual fund with a 4% load when NAV was 20 per share. If you sell your shares at a NAV of 20 per share, what is the return of your investment?


A) 14.8%
B) 15.2%
C) 12.5%
D) 10.8%

Correct Answer:

verifed

Verified

Related Questions

Q1: A ……………… ended scheme shall be wound

Q3: A scheme has average weekly net assets

Q4: ……………………. is a facility where investor will

Q5: …………….. allows an investor to withdraw a

Q6: If a scheme has 45Cr units issued

Q7: What would be the tax consequence of

Q8: In …………….. STP investor transfers the profit

Q9: Open ended funds can be purchased and

Q10: For a scheme to be defined as

Q11: ……………. is a facility provided by banks