What is a Close-Ended Funds? A close-ended fund also called “closed-end investment" and "closed-end mutual fund. It is a type of mutual fund that pools resources from investors through issuance of New Fund Offer (NFO). And the units are sold at a price based on Net Asset Value (NAV) of the mutual fund that is launching the NFO. On the other hand, the close-ended fund is a kind … [Read more...]
Understanding of Open-Ended Funds
Mutual Funds option is a very good and smart Investment option in modern life. And Mutual Funds must be registered under SEBI before it can collect funds from the public. Mutual Funds are classified into two funds: Open-Ended Fund Close- Ended Fund What is Open-Ended Fund? Open-Ended Fund schemes are available for subscription and repurchase regularly. It allows investors … [Read more...]