Uma
asked over 3 years ago
veeru
answered over 3 years ago
Close ended schemes: In case of close ended schemes the maturity period ranges between two years to 15 years. You may buy these schemes when they are launched as initial issue or buy or sell the units when they are listed on the stock exchange. You could also sell back the units to the mutual fund company during a specified period.
veeru
answered over 3 years ago
Close ended schemes: In case of close ended schemes the maturity period ranges between two years to 15 years. You may buy these schemes when they are launched as initial issue or buy or sell the units when they are listed on the stock exchange.
lochan
answered over 3 years ago
Open ended funds are those funds that do not have a fixed maturity period. You can buy and sell these funds just anytime. These funds offer high liquidity. Close ended schemes: In case of close ended schemes the maturity period ranges between two years to 15 years. You may buy these schemes when they are launched as initial issue or buy or sell the units when they are listed on the stock exchange. You could also sell back the units to the mutual fund company during a specified period. Thanks
