A Mutual fund has shown Net Asset Value (NAV) of ₹11.60 at the commencement of the year. At the end of the year NAV increases to ₹12.50. Meanwhile, the Fund distributes ₹0.75 as dividend and ₹0.85 as capital gains. Calcu

CS Executive · Securities Laws and Capital Markets · PYQS · December 2019
A Mutual fund has shown Net Asset Value (NAV) of ₹11.60 at the commencement of the year. At the end of the year NAV increases to ₹12.50. Meanwhile, the Fund distributes ₹0.75 as dividend and ₹0.85 as capital gains. Calculate the fund's return during the year.

Answer & Explanation:

Change in NAV price (₹12.50 - ₹11.60) = ₹0.90 Increase in price ₹0.90 + Dividend received ₹0.75 + Capital gain distributed ₹0.85 = ₹2.50 Holding period return = ₹2.50 / ₹11.60 = 21.55%

Topics: Mutual Funds

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic