Based on the following data estimate the Net Asset Value (NAV) on per unit basis of a Regular Income Scheme of a Mutual Fund Particulars Tin lakis Listed Equity shares at cost (ex-dividend) 4000 Cash in hand 2.76 Bonds & Debentures at cost 8.96 Of these bonds not listed & not quoted 2.50 Other fixed interest securities at cost 9.75 Dividend accrued 1.95 Amount payable on shares 1354 Expenditure accrued 1.76 1. Current realizable value of fixed income securities of face value of 2. Number of Units 100 is 96.50 10 face value each) is 275000 3. All the listed equity shares were purchased at a time when market portfolio index was 12,500. On NAV date, the market portfolio index is at 19,975 4. There has been a diminution of 15% in unlisted bonds and debentures valuation 3. Listed bonds and debentures carry a market value of 75 lakhs, on NAV date 6. Operating expenses paid during the year amounted to 2.24 lakhs