What is the primary purpose of rounding off in mutual funds?

"To simplify NAV calculations for investors" "To prevent fractional unit ownership" "To stabilize market fluctuations" "To enhance fund transparency"

How does rounding off benefit investors in mutual funds?

"It ensures consistent unit valuation" "It eliminates the need to track fractional shares" "It guarantees a minimum return on investment" "It provides tax advantages for long-term holdings"

Why do mutual funds round off their NAV?

"To comply with regulatory requirements" "To reflect the actual market value of assets" "To avoid complexities of fractional shares" "To increase investor confidence"

What potential issue does rounding off address in mutual fund investments?

"Fluctuating market prices" "Lack of investment diversification" "Difficulty in trading fractional units" "High management fees"

How does rounding off contribute to the efficiency of mutual fund transactions?

"It speeds up the buying and selling process" "It reduces the cost of trading units" "It simplifies portfolio management for investors" "All of the above"