An investor put ₹10,000 into the fund at the…

An investor put ₹10,000 into the fund at the start of 2022.

Question 35

EasyOriginal question

A mutual fund's NAV was ₹50 at the start of 2022, ₹60 at the end of 2022, ₹54 at the end of 2023 and ₹72 at the end of 2024. (Take $(1.44)^{1/3} = 1.1292$ .)

An investor put ₹10,000 into the fund at the start of 2022. What was it worth at the end of 2024?

₹10,800Correct answerYour answer₹11,292Correct answerYour answer₹13,000Correct answerYour answer₹14,400Correct answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer D

Correct answer: D

The NAV grew from 50 to 72, a factor of $\frac{72}{50} = 1.44$ .
$10{,}000 \times 1.44 = 14{,}400$ rupees.

Worth noting

₹11,292 is one year's growth at the CAGR, not three.

Concept: Growth of an investment
Typical timeTypical: 90 s
Your timeYours: —

The rule this testsRate of return and CAGR

Practise this chapter →

Ten questions from EMI, CAGR & Depreciation, at your own pace.

Practise this chapter →

Ten questions from EMI, CAGR & Depreciation, at your own pace.

An investor put ₹10,000 into the fund at the start of 2022.

Question 35

Explanation