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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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