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WHAT ARE THE DIFFERENT TYPES OF MUTUAL FUNDS?

April 26, 2017Benefits different HR HSBC human resource management human resources India Investing Investment mutual fund Mutual funds types

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WHAT ARE THE DIFFERENT TYPES OF MUTUAL FUNDS?

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Mutual Funds can be classified into open ended and close-ended scheme depending on its maturity period. Open-ended schemes do not have a fixed maturity period. Close-ended schemes have stipulated maturity period like for eg; 5-7 yrs. Unlike the open ended scheme, subscription or repurchase on a continuous basis is not possible in close ended. They can be bought or sold only in stock exchanges.

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