A Mutual Fund's NAV calculated on a day is known as

Options

A. Asset value per Fund
B. Price value per share
C. Asset value per stock
D. Price value per Fund

Answer

B

Explanation

The mutual fund's NAV is its net asset value, or price per share. A mutual funcf calculates its NAV by adding up the current value of all the stocks, bonds and other securities (Including cash) In Its portfolio, subtracting the managers salary and other operating expenses, and dividing that figure by the fund's total number of shares. Each end of the business day. net asset value are calculated and referred as net asset value per share. The mutual fund's net asset value is changing d~ily because of market fluctuations affecting the investments of funds.