Difference between Open ended and closed ended Mutual fund schemes

POSTED BY SUNIRAJ ON March 25, 2014 1:18 pm COMMENTS (3)

Dear Sir

Kindly provide the difference between the above 2 types of Mutual fund products . Does it have any significance  with respect to listing in stock exchanges .

3 replies on this article “Difference between Open ended and closed ended Mutual fund schemes”

  1. Viren Phansalkar says:
    March 26, 2014 at 9:21 am

    Sorry for my earlier reply.
    This was new information for me. Thank you Ashal and Suniraj.

    Reply
  2. ashalanshu says:
    March 26, 2014 at 3:04 am

    Dear Suniraj, closed ended funds are listed on stock exchanges but redemption ‘ll be at discount than your regular NAV.

    Thanks

    Ashal

    Reply
  3. Viren Phansalkar says:
    March 25, 2014 at 2:47 pm

    There is some gap. There is no need for MF to be listed on exchange. They are not traded. They are bought from the AMC and sold to them(redeem).
    ETFs are the one which are listed on exchange. They can be bought from primary or secondary market.

    Open ended MFs are the one which do not have any maturity date. You can keep it as long as you want.
    Closed ended MFs come with maturity date.

    Reply

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