Forums
Mutual funds entry load
AFM
answered on 24-Sep-26 17:30
In this question entry load added to given nav then dividing the investment amount,can we do like reducing entry load from investment amount then we will divide by nav value mostly the units are same
latest answer
No that is not technically right Entry load has to be added to NAV you will get minor variation. ICAI has solved in both methods So u may not lose marks
Seetha Ram
CA Final
★ 20K+
1
44
Doubt
AFM
answered on 24-Sep-26 19:00
Here the value of cu is 5.68 and not 5 .why we considering 5 [Video Time Stamp: 23:40]
latest answer
Anything is ok
pavan kumar
CA Final
★ 4K+
3
35
Illustration 45
AFM
answered on 24-Sep-26 06:38
Hi Sir, If we calculate Beta using the formula: β = (nΣXY − ΣXΣY) / (nΣX² − (ΣX)²) the Beta comes to –1.18. In this case, how should we choose the appropriate formula for calculating Beta? Could you please clarify when we should use this formula and when we should use the other Beta formula? [Video Time Stamp: 12:20]
latest answer
What did u take as x and y Share screenshot of working pls?
Pavan Naidu ca
CA Final
★ 320
1
32
Clarification Regarding Question No. 26
AFM
answered on 23-Sep-26 12:38
Hi Sir, In Question No. 26, it doesn’t seem to specifically ask us to calculate the portfolio return. Why did we calculate the portfolio return in this question, Sir?
latest answer
Not required you can ignore. i was trying to compare that return with market return because in some of the later questions, portfolio return is taken as market return
Pavan Naidu ca
CA Final
★ 320
1
36
Change in composition of Risk Free Securities
AFM
answered on 23-Sep-26 12:44
Sir, As per Illustration 12 (Same model), we have disposed 30% of each stocks irrespective of their weights but here we say that 26.09% of the portfolio should be taken out of X and Y in their respective weights. Kindly clarify [Video Time Stamp: 06:54]
latest answer
Both questions are diff In Q 12 weight of equity is reduced by removing some portion from equity 30% is computed on equity portfolio In Q 24 wight of equity is shifted to Rf asset and here 26.09% is computed on total portfolio
Gokul
CA Final
★ 5K+
1
33
Cost of Carry
AFM
answered on 23-Sep-26 12:36
Sir, The formula to arrive at the Futures price = Spot price + Cost of Carry - Dividends (Future Value) But to arrive at the Cost of Carry ideally it should have been Futures Price - Spot Price - Dividends in Future value But why have we taken the present value of dividends here? [Video Time Stamp: 14:00]
latest answer
When you arrive at cost of carry from market price of futures and current spot you can do that. If you wish to find out theoretical price of futures then you add cost of carry to spot adjust for div and arrive at futures price. Dividends if received on last day their PV and FV does not matter.
Gokul
CA Final
★ 5K+
2
39
Shorting stocks
AFM
answered on 21-Sep-26 20:14
Sir, Day 0: I short sell a stock and use the cash to buy the same share in the cash market. Day 90: As far as I understand, that share will become 307.258 in Day 90 and I sell it in the cash market. I use that money to take delivery of futures contract, and then use that delivered share to settle my original short from Day 0. Am I correct, sir? [Video Time Stamp: 20:06]
latest answer
One transaction ( shorting) is in futures market and one transaction ( buying) is in cash market. both transactions are not in same market. When you short a stock + buy futures . The cash that you get on shorting the stock is invested in rf assets. On due date you will take out the cash and execute futures contract , get delivery of the stock and close out the short transaction
Gokul
CA Final
★ 5K+
1
40
interest accrued
AFM
answered on 21-Sep-26 20:10
why only two securities was considered to get interest accrued. In question they did not mention anything [Video Time Stamp: 20:22]
latest answer
Sec 1 & 2 have coupon dates on every mar / sep last day ( check 2nd last column) . so when we value them on 1st July there will be accrued interest from mar to June sec 3 & 4 have coupon payment dates on every June 30,so on 1st July there is no accrued interest for that year when we value them. Now security 2 & 3 are semi annual coupon so coupon of 10% is paid in 2 parts 5% in march and 5% in sep - so when we value this security on July 1st 3 months of int is accrued i.e 5% / 2 for security 3 semi annual coupon is paid on June 30th so on 1st July nothing is outstanding.
Swapna Kumari
CA Final
★ 6K+
4
48
closing value of investment
AFM
answered on 21-Sep-26 16:19
to get closing value of investment you add 202180+100000. where did 100000 come from. [Video Time Stamp: 13:17]
latest answer
Return is 202180 Investment is 1 lac Total closing value is 302180 Org inc 10000x 10
Swapna Kumari
CA Final
★ 6K+
1
34
Q.23
AFM
answered on 20-Sep-26 14:20
Company retains 50% which is rs10 means pays 10 then eps should be 20 Sir,I'm I missing something? [Video Time Stamp: 02:26]
latest answer
50% of its earnings which are 10 Means earnings 10 Got it sir
Santoshkumar Kalisetti
CA Final
★ 4K+
1
33