MoneyKraft

1. Units of a close-ended mutual fund can be purchased

Any time

Every quarter

During the new fund offer period

2. Redemption of units of a close ended fund before maturity is

Not possible

Possible by selling the units back to the mutual fund

Possible by selling the units in the exchange where it is listed

3. Closed ended funds are most appropriate for investors who

seek highly liquid investments

want high risk high return investments

Have a fixed investment horizon

What is the meaning of closed end funds?

what are closed-end mutual funds?

Watch this investor education video by Moneykraft, to get a quick overview of closed- end mutual funds and their benefits.

AUTHOR(s):Labdhi Mehta

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