Question 17:Mr. Anil purchased some units in open-end fund at * 30. An

1.	Question 17:Mr. Anil purchased some units in open-end fund at * 30. And its NAV after 18 months was45. Find the annualized change in NAV as apercentage30%33.33%34.25%35.30%
Answer» Answer: We calculate the NAV of a mutual fund by dividing the total net assets by the total number of units ISSUED. To get the total net assets of a fund, subtract any LIABILITIES from the current value of the mutual fund's assets and then DIVIDE the figure by the total number of units outstanding.

Question 17:Mr. Anil purchased some units in open-end fund at * 30. And its NAV after 18 months was45. Find the annualized change in NAV as apercentage30%33.33%34.25%35.30%

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Answer:

We calculate the NAV of a mutual fund by dividing the total net assets by the total number of units ISSUED. To get the total net assets of a fund, subtract any LIABILITIES from the current value of the mutual fund's assets and then DIVIDE the figure by the total number of units outstanding.

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Question 17:Mr. Anil purchased some units in open-end fund at * 30. And its NAV after 18 months was45. Find the annualized change in NAV as apercentage30%33.33%34.25%35.30%​

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Question 17:Mr. Anil purchased some units in open-end fund at * 30. And its NAV after 18 months was45. Find the annualized change in NAV as apercentage30%33.33%34.25%35.30%