Mutual Fund Schemes

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 September 2010 Hello Experts

Pls explain the meaning of the terms
'Open ended ' and 'closed ended' What is the difference ?

in Mutual Fund units

Cheers

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
Follow

28 September 2010 Open-ended schemes do not have a fixed maturity period. Investors can buy or sell units at NAV-related prices from and to the mutual fund on any business day.

There is no cap on the amount you can buy from the fund and the unit capital can keep growing.

Any time entry & exit option.

Close ended schemes

Close-ended schemes have fixed maturity periods.

Investors can buy into these funds during the period when these funds are open in the initial issue.

CMA Amit Varma

CMA Amit Varma (Expert)
Follow

30 September 2010 moreover closed ended funds r 4 some specified period of time like 3-5 years where as open ended funds r continusly traded in d open market.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Ashwini Thorat

ashok jain

madhuseshu yathirajam

Ramesh J

Yandamuri yesu raju

Subscribe Now

Mutual Fund Schemes

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA