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Options
- A
Investors cannot hold the units of a mutual fund in fraction of 1 unit
-
Investors can hold the units of a mutual fund in fraction of 1 unit
Correct answer
- C
Investors can hold the units of a mutual fund in market lots of 50 units
- D
Investors can hold the units of a mutual fund in market lots of 100 units
Why this is the answer
Investors can hold fractional units of a mutual fund, especially in cases where dividends are reinvested, resulting in fractional unit holdings.
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