n NISM Certifications
NSM General NISM
Medium

At what price are the bonus units issued to the unitholder?

Practice question from INVESTOR SERVICES Test — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The price is decided by the AMC in consultation with the trustees

  2. The bonus units are allotted free of cost

    Correct answer

  3. C

    At the prevailing NAV

  4. D

    At the prevailing NAV divided by the bonus ratio

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

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