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

What is the record date in the context of mutual fund dividends?

Practice question from Net Asset Value, Total Expense Ratio and Pricing of Units Test — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    The date when the dividend is paid out to investors.

  2. The date used as a cut-off to determine the eligibility to receive the dividend based on the register of unitholders.

    Correct answer

  3. C

    The date when the NAV is announced after the dividend payout.

  4. D

    The date when the trustees decide the quantum of the dividend.

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

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