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Options
- A
Change in value of investments held by the scheme
- B
Daily accrual of expenses
- C
Daily accrual of income
-
Change in the number of investors in the fund
Correct answer
Why this is the answer
NAV (Net Asset Value) is calculated based on the value of the fund's investments, accrued income, and expenses. While a change in the number of investors affects the Assets Under Management (AUM), it does not directly influence the NAV, which depends primarily on the value of the underlying assets and accrued income/expenses.
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