What Happened to Closed-ended Equity Schemes?
Clinton Fernandes 05 June 2021
Mutual fund (MF) schemes come in two distinct categories – open-ended and closed-ended. Open-ended schemes are most common and popular due to their always-open investment and withdrawal feature. 
On the other hand, a closed-ended scheme locks in your investment at the time of its launch and can be withdrawn in most case, only during its maturity date.
Despite its...
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