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

When are capital gains realized from a mutual fund investment?

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

    Periodically as current income.

  2. Only when the investor sells the investment.

    Correct answer

  3. C

    At the time of calculating the Net Asset Value (NAV).

  4. D

    When the scheme declares a dividend.

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

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