A mutual fund has a NAV of ₹11.50 at the beginning of the year. At the end of the year NAV increases to ₹12.10. Meanwhile the fund distributes ₹0.80 as dividend and ₹0.70 as capital gains. What is the fund's return durin
CS Executive · Securities Laws and Capital Markets · PYQS · December 2018
A mutual fund has a NAV of ₹11.50 at the beginning of the year. At the end of the year NAV increases to ₹12.10. Meanwhile the fund distributes ₹0.80 as dividend and ₹0.70 as capital gains. What is the fund's return during the year ?
Answer & Explanation:
Return for the year (all changes on a per unit basis) Change in price (₹12.10 - ₹11.50) = ₹0.60 Dividends Received = ₹0.80 Capital gains distributions = ₹0.70 Total return = ₹2.10 Holding period return = ₹2.10 / ₹11.50 = 18.26%
Topics: Mutual Funds
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