Q.

If a scheme has 45Cr units issued and has an FV of Rs. 10 and NAV is at 11.33, unit capital(Rs.Cr) would be equal to

A. 500.85
B. 50.85
C. 950.85
D. 450
Answer» B. 50.85
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Discussion

NP

Nilesh Parab
2 years ago

unit capital = Share units * Face Value
Share units = 45 cr
FV = 10 Rs
=> unit capital (Rs. Cr) = 45 * 10 = 450
option D is correct
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