In Unit Linked plan, the Fund Value is a product of which of the following:

A. Gross Asset Value & Net Asset Value

B. Net Asset Value & Premium

C. Net Asset Value & Charges

D. Net Asset Value & No. of Units

Answer: Option D

Solution(By Examveda Team)

In Unit Linked plan, the Fund Value is a product of Net Asset Value & No. of Units. A value fund is a fund that follows a value investing strategy and seeks to invest in stocks that are deemed to be undervalued in price based on fundamental characteristics.