Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Mutual Fund Basics - Part II (Types of Mutual Funds)

In the First Part, I explained about what is Mutual Funds and their advantages and disadvantages. In this part I am going to explain the basic types of mutual funds. Mutual funds can be categories according to Maturity Period or Investment Objective.

Mutual Funds according to Maturity Period

Based on the maturity period mutual fund schemes can be categories into two types

 1. Open Ended Mutual Funds         
An Open Ended Mutual fund is one that is available to purchase and repurchase continuously. Liquidity is the main feature of open ended mutual funds. There is no maturity date for open ended mutual funds. Investors can buy or sell unit at any time based on NAV which is declared on a daily basis.
Continue Reading »

This post first appeared on Finance Bandhu, please read the originial post: here

Share the post

Mutual Fund Basics - Part II (Types of Mutual Funds)


Subscribe to Finance Bandhu

Get updates delivered right to your inbox!

Thank you for your subscription