How can I tell if a mutual fund is open-ended
Mutual funds are open-end fundsopen-end fundsAn open-end fund is an investment vehicle that uses pooled assets, which allows for ongoing new contributions and withdrawals from investors of the pool. As a result, open-ended funds have a theoretically unlimited number of potential shares outstanding.
Who should invest in open ended mutual funds?
Who should invest in open ended funds?
- Indian residents above 18 years of age.
- Non-Resident Indians (NRIs)
- Person of Indian Origin (PIO) residing abroad.
- Companies (including public sector companies)
- Corporate bodies.
- Trusts and cooperative societies.
- Religious and charitable trusts.
- Private trusts.