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    Question

    How often is the Net Asset Value (NAV) of a mutual fund

    updated?
    A Weekly Correct Answer Incorrect Answer
    B Monthly Correct Answer Incorrect Answer
    C Quarterly Correct Answer Incorrect Answer
    D At the end of each working day Correct Answer Incorrect Answer
    E Annually Correct Answer Incorrect Answer

    Solution

    NAV is updated daily. Mutual funds update NAV by the end of each working day. SEBI mandates this update by 9 pm every day. NAV, short for Net Asset Value, signifies the per-unit price of a mutual fund.

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