Mathematics · Mutual Funds
A Debt Mutual Fund scheme has the following assets and liabilities on 31 March 2025: - Total Market Value of Investments: Rs 4,50,0,000 - Cash and Bank Balances: Rs 50,00,000 - Accrued Interest Receivable (Asset): Rs 15,00,000 - Accrued Management Fees (Liability): Rs 5,00,000 - Other Payables (Liabilities): Rs 10,00,000 - Total Units Outstanding: 40,00,000 units Which of the following options correctly calculates the Total Net Assets of the scheme, the NAV per unit, and identifies the primary purpose of NAV calculation?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Total Net Assets: Rs 5,15,00,000; NAV per unit: Rs 12.875; Primary Purpose: Regulatory Compliance.
- 2Total Net Assets: Rs 5,00,00,000; NAV per unit: Rs 12.50; Primary Purpose: Valuation of investor units for purchase and redemption.✓
- 3Total Net Assets: Rs 4,95,00,000; NAV per unit: Rs 12.375; Primary Purpose: Expense Ratio determination.
- 4Total Net Assets: Rs 5,10,00,000; NAV per unit: Rs 12.75; Primary Purpose: Income Distribution.
Correct answer
Total Net Assets: Rs 5,00,00,000; NAV per unit: Rs 12.50; Primary Purpose: Valuation of investor units for purchase and redemption.
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