Question 1 of 10
____ indicates how much money can be generated per unit of a mutual fund if the scheme is liquidated.
A
Assets Under Management
B
Net Asset Value
C
Market price
D
Exit load
Correct Option:
B
Explanation
Net Asset Value (NAV) represents the per-unit value of a mutual fund's assets minus its liabilities. If the scheme is liquidated, investors receive the value of their holdings based on the applicable NAV after settlement of liabilities.
