Mr. Y has invested in the three mutual funds (MF) as per the following details: Particulars MF 'X' MF 'Y' MF 'Z' Amount of Investment (₹) 4,00,000…
CA Final · Advanced Financial Management · MTP · May 2024
Mr. Y has invested in the three mutual funds (MF) as per the following details: Particulars MF 'X' MF 'Y' MF 'Z' Amount of Investment (₹) 4,00,000 8,00,000 4,00,000 Net Assets Value (NAV) at the time of purchase (₹) 10.30 10.10 10 Dividend Received up to 31.03.2023 (₹) 9,000 0 6,000 NAV as on 31.03.2023 (₹) 10.35 10 10.30 Effective Yield per annum as on 31.03.2023 (percent) 9.66 -11.66 24.15 Assume 1 Year = 365 days On the basis of above information, choose the most appropriate answer to the following questions:
Suggested Answer and Working Notes:
Correct Answer: Option (C)
₹ 792079.20
Topics: Mutual Fund
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