Interested to Buy Any Domain ? << Click Here >> for more details...
what is open ended and close ended mutual funds?
- 3 Answers
- 6674 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / vaishali
open ended - we can redeem this mutual fund type at any
time according to our convinience because it is open ended.
close ended - This mutual fund type is for tax benefit so
it is for some fixed time period i.e. for 3 years. so we
can not redeem it maximum for 3 years.
| Is This Answer Correct ? | 10 Yes | 1 No |
Open-end fund
The term mutual fund is the common name for an open-end
investment company. Being open-ended means that, at the end
of every day, the fund issues new shares to investors and
buys back shares from investors wishing to leave the fund.
A closed-end fund is a publicly traded investment company
that raises a fixed amount of capital through an initial
public offering (IPO). The fund is then structured, listed
and traded like a stock on a stock exchange.
Also known as a "closed-end investment" or "closed-end
mutual fund."
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / rajesh
open ended: open ended schemes offers the investors to
withdraw the money whenever they want.
close ended: close ended schemes doesnot offers the
investor to withdraw the money whenever they want. these
funds have fixed maturity period.
| Is This Answer Correct ? | 1 Yes | 2 No |
types of derivatives
10 Answers ICICI, RRDonnelley,
What Does Suspense Account Mean?
13 Answers Capital IQ, Talk Delta,
EXPAND_________SFC
Feature of Master letter of credit of Garments manufacturing company?
Expand---------CRD
Expand I I M
how to do finalisation of accounts
What is Merger?
difference between lease financing and hire purchase
WHAT IS MIBOR? KINDLY EXPLAIN IN DETAILS?
why a accountatn make the bank reconcellation statement. 2. if you are only accountant for company what will you do if you come daily on job.
what is assesment? who do the assesment by income tax or sale tax,and when doing the assesment?what is the perod limit of assesment? assesment order sent by income tax or sale tax which form?
Audit 
