MCQs > Stocks & Investments > Investment And Financial Planning > Which of the following statements about Index Scheme of mutual funds is/ are true?

Investment And Financial Planning MCQs

Which of the following statements about Index Scheme of mutual funds is/ are true?

Answer

Correct Answer: On a particular day, the investors will get units at the same NAV (Net Asset Value) irrespective of the time of purchase w.r.t cutoff time.

Explanation:

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