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

The NAV of a mutual fund unit changes every day due to changes in _______.

Practice question from Nism VA Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Number of investors in the mutual fund

  2. Market value of the mutual fund portfolio

    Correct answer

  3. C

    The size of the portfolio

  4. D

    The units remaining in the portfolio

Why this is the answer

The NAV changes daily based on the current market value of the investments in the mutual fund portfolio.

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