On 01-04-2020, Mr. Z invested ₹ 1,00,000 in a mutual fund's Dividend Reinvestment Plan. The face value of the unit is ₹ 10. The plan matured after exactly 3 years on 31-03-2023.

The activity over the 3-year holding period is as follows:
**01-04-2020:** Initial investment made at an NAV of ₹ 25.00.
**31-03-2021:** A dividend of 20% was declared. The dividend amount was reinvested at the prevailing NAV of ₹ 32.00.
**31-03-2023:** The plan matured, and Mr. Z redeemed all his units at a closing NAV of ₹ 30.00.

_Note: Use the following Present Value Interest Factors (PVIF) for Year 3:_
PVIF (8%, 3) = 0.7938
PVIF (10%, 3) = 0.7513