Interested to Buy Any Domain ? << Click Here >> for more details...
what is open ended and close ended mutual funds?
- 3 Answers
- 6764 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 |
how to do finalisation of accounts
how the loss on sale of furniture will be entered in accounting books
Sale of old furniture recordrd as sales a/c. recify it
EXPAND___________LTTE
What type of report and accounts should a company prepare?
Calculate Maximum allowable remuneration to working partners as for section 40b of the Income Tax Act 1. In case of professional firm'' 2. Incase of Business Firm
Mostly what type of manufactures are coming under TDS and basic rate for each category
what is mean by credit purchase?
how to calculate stt
what are the point to see when calculating the Company Profit / Loss
What is the treatment of partners salary in profit and loss account.
what are the financial reports to be accompanied with income tax return of a business concern?
Audit 
