Assets Under Management of a scheme can be calculated as

Question

Accepted Answer

D. {'text': 'Current NAV multiplied by total units outstanding', 'label': 'D'}

1. AUM is the current market value of the scheme's pooled assets.
2. It can be obtained by multiplying current NAV by total units outstanding.
3. Inflows raise AUM; redemptions and dividends reduce it.
4. Face value is a static accounting figure, not a live valuation input.
_Source: NISM Series V-A: Mutual Fund Distributors Workbook (Dec 2019), Ch 2 "Concept and Role of a Mutual Fund", §2.1.4_

Answer

{'text': 'Face value multiplied by number of investors', 'label': 'A'}

Answer

{'text': 'Sponsor contribution plus recurring expenses', 'label': 'B'}

Answer

{'text': 'Total redemptions minus total subscriptions', 'label': 'C'}