Question
A mutual fund that had a NAV Rs. 20 at the beginning of the month made income and capital gain distribution of Rs. 0.0375 and
A mutual fund that had a NAV Rs. 20 at the beginning of the month made income and capital gain distribution of Rs. 0.0375 and Rs. 0.03 per share respectively; during the month and then ended the month with a net asset value of Rs. 20.06. Calculate monthly return.
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Understanding Financial Accounting
Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald
1st Canadian Edition
1118849388, 9781119048572, 978-1118849385
