ABC Mutual Fund provides the following information related to one of its schemes : Size of the scheme : ₹ 3,000 Crore Face value of the units : ₹ 10 Per unit Number of outstanding units : 250 Crore Market value of funds-

Computation of Net Asset Value and rate of return Particulars ₹ In crore Market value of funds-portfolio 6,300 Receivables 150 Accrued income 150 Liabilities (225) Accrued expenses (412.5) Net Asset Value (NAV) 5,962.50 NAV per unit = 5962.50 / 250 = ₹ 23.85 per unit Rate of Return Calculation: Formula: Return = (D 1 + CG + (NAV 1 - NAV 0 )) / NAV 0 × 100 Where, D 1 = Dividend received during the year = ₹ 3 CG = Capital Gain = ₹ 0 (not provided, assumed zero) NAV 1 = Current Net Asset Value = ₹ 23.85 NAV 0 = Net Asset Value at which units purchased = ₹ 22.5 Return = (3 + 0 + (23.85 - 22.5)) / 22.5 × 100 = (3 + 1.35) / 22.5 × 100 = 4.35 / 22.5 × 100 = 19.333%