Associate Bancassurance Key Relationship Manager Interview Questions and Answers

NAV stands for Net Asset Value, which represents the per-share value of a mutual fund. IPO stands for Initial Public Offering, which is the first time a company offers its shares to the public.

• NAV is calculated by subtracting a mutual fund's liabilities from its assets and dividing by the number of outstanding shares.

• NAV helps investors understand the value of their investment in a mutual fund.

• IPO is the process by which a private company becomes a public company by offering ...read more