The corpus collected by the mutual fund under a scheme is known as:2 pointsa) AUMb) NAVc) Unit Capitald) Deposits

The corpus collected by the mutual fund under a scheme is known as:

a) AUM (Assets Under Management)

This term refers to the total market value of investments managed by a mutual fund, money management firm, hedge fund, portfolio manager, or other financial services company. When you invest in a mutual fund, your money is pooled together with other investors' money and invested in a portfolio of assets. The total value of these assets is the AUM.

b) NAV (Net Asset Value)

This is the price at which units of a mutual fund are bought or sold. It is calculated by subtracting the fund's liabilities from its assets and dividing by the number of outstanding shares.

c) Unit Capital

This term is not typically used in the context of mutual funds.

d) Deposits

This term refers to the money that is placed into a bank account or investment product. In the context of mutual funds, it could refer to the money that investors put into the fund.

So, the correct answer to the question "The corpus collected by the mutual fund under a scheme is known as" would be a) AUM (Assets Under Management).