n NISM Certifications
NSM General NISM
Medium

An investor invested in scheme A when the scheme’s NAV was Rs. 120 per unit. The investor redeemed the investments at the NAV of Rs. 135. Calculate the simple return.

Practice question from RISK, RETURN AND PERFORMANCE OF FUNDS Test — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    10.00 percent

  2. B

    11.11 percent

  3. 12.50 percent

    Correct answer

  4. D

    15.00 percent

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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