n NISM Certifications
V-A NISM Series V-A
Medium

A mutual fund scheme’s NAV is said to be cum-dividend from the ________.

Practice question from Nism VA Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. date the dividend is announced till it is paid out

    Correct answer

  2. B

    date the dividend is paid

  3. C

    date unitholders approve the dividend

  4. D

    date of notice of meeting

Why this is the answer

When a dividend is declared, the mutual fund’s NAV is referred to as "cum-dividend" until the dividend is actually paid out to the investors.

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