An Equity based Mutual Fund has an outstanding number of units of 150 laky units (Face Value = Rs. 10). The previous Day’s Net Asset Value was Rs. 325 Million. NAV needs to be calculated for today and the following information is given to us:
Interest on Coupon bearing instrument G-SEC--- Rs. 0.12 Million
Interest Received on Reverse Repo Rs. 38000
Profit on sale of Investments Rs. 3.1 Million
Dividends Received Rs. 81000
Unrealized Gains Rs. 3.775 Million
Loss on Sale of Investment Rs. 0.175 Million
Management Fees Rs. 0.125 Million
Initial Expenses Rs. 0.125 Million
Scheme Expenses Rs. 0.187 Million