What are the different types of mutual fund schemes?

Mutual funds, in general, can be classified as open-ended schemes and close-ended schemes. We shall explore the detailed classification below. Schemes according to Maturity Period: A mutual fund scheme can be classified into open-ended scheme or close-ended scheme depending on its maturity period. Open-ended Mutual Fund/Scheme An open-ended fund or scheme is one that is

What are Mutual Funds?

Mutual fund is a vehicle to mobilize money from investors, to invest in different markets and securities, in line with the investment objectives agreed upon, between the mutual fund and the investors. In other words, through investment in a mutual fund, a small investor can avail of professional fund management services offered by an asset