Mr. X on 1.7.2021, during the initial offer of some Mutual Fund invested in 10,000 units having face value of 10for each unit. On 31.3.2022, the…
CA Final · Advanced Financial Management · RTP · November 2024
Mr. X on 1.7.2021, during the initial offer of some Mutual Fund invested in 10,000 units having face value of 10for each unit. On 31.3.2022, the dividend paid by the M.F. was 10% and Mr. X found that his annualized yield was 153.33%. On 31.12.2023, 20% dividend was given. On 31.3.2024, Mr. X redeemed all his balance of 11,296.11 units when his annualized yield was 73.52%.
Suggested Answer and Working Notes:
Correct Answer: Option (B)
(B) ₹ 20.50
Topics: Mutual Fund
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