Ch.2 · Mutual Fund Structure Basics · medium
What is the Net Asset Value (NAV) formula for a mutual fund scheme?
0% of students got this wrong
EXPLANATION
NAV = (Total Assets − Liabilities) ÷ Number of Units Outstanding. Total Assets include market value of investments, accrued income, and other assets. Liabilities include accrued expenses, pending payments, and other liabilities. NAV is calculated daily for open-ended schemes.
Practising Chapter 2 one question at a time?
Try the full chapter — 100 questions, tracked score, weak area breakdown.