20 June 2022 5:08

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.