Calculate mutual fund dividend …………………..

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6 Comments

  1. pantera_leo says

    15% x 1000 (units) x 10 (book value) = 1500

    Amount receivable = 1500 – 5% TAX = 1500 – (1500 * 5%) = 1425

  2. [deleted] says

    [deleted]

  3. riwaj_ says

    Why do the price get adjusted after all its a cash devident ?

  4. Suitable_Airline says

    1000 shares * Rs 10 (book value) * 15% = Rs 1500

    You will receive this after deduction of 5% tax

    (1500 *5% = 75)

    Net proceeds to your bank = 1500 – 75 = Rs 1425

  5. Capaastik says

    1000(total mutual fund share) × (10(face value) x 15%(dividend)) = 1500 ( cash dividend)

  6. Nepalipk says

    15% of face value (10 rs) x 1000 shares=1500

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