Steady Mutual Fund has the following assets in Scheme - Star Gold at the close of business as on 31 st March, 2025: Company No. of Shares (units)…
CA Final · Advanced Financial Management · PYQS · May 2025
Steady Mutual Fund has the following assets in Scheme - Star Gold at the close of business as on 31 st March, 2025: Company No. of Shares (units) Market Price per share (₹) A Ltd. 20,000 25 B Ltd. 30,000 350 C Ltd. 38,000 290 D Ltd. 50,000 400 The total numbers of units of Scheme - Star Gold are 20 lakhs. The Scheme - Star Gold has accrued expenses of 2,00,000 and other liabilities of 2,50,000. From the information given above, choose the correct answer to the question No. 6 to 8:
Suggested Answer and Working Notes:
Correct Answer: Option (B)
(B) ₹ 420.20 lakhs
Topics: Mutual Fund
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