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

What is the Net Asset Value (NAV) after dividend payment called?

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

Options

  1. ex-Dividend NAV

    Correct answer

  2. B

    ex-Load NAV

  3. C

    cum-Dividend NAV

  4. D

    Net-NAV

Why this is the answer

After a dividend is paid out, the NAV is referred to as ex-Dividend NAV, which reflects the value of the mutual fund after the dividend distribution.

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