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Y Question 7 Ramesh Goyal has invested in three mutual funds. From the details given...

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Y Question 7 Ramesh Goyal has invested in three mutual funds. From the details given below, find out effective yield on per annum basis in respect of each of the schemes to Ramesh Goyal upto 31-03-2012 Mutual Fund Date of investment 1-12-2011 1-1-2012 1-3-2012 Amount of investment (0) 1,00,000 2,00.000 1,00,000 NAV at the date of investment (9 10.50 10.00 10.00 Dividend received upto 31-3-2012 (7) 1,900 3,000 Nil NAV as on 31-3-2012 (7) 10.40 10.10 9.80

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