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Closed - End Mutual Funds !

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Closed - End Mutual Funds ! Closed-End Mutual Fund Schemes have fixed number of units or shares offered by an investment company through an Intial Public Offering. These funds are traded on stock exchange just like individual stocks. These funds have a fixed maturity period. So, investors are not allowed to sell or redeem before maturity date. Hence, a stable asset is avalable to the Fund Manager for making strategies without the worry of inflow and outflow. Lock-in-period of this investment also protects the interest of the long term investors. These funds are bought by the investors as lumpsum investments during launch of NFO (New Fund Offered). Hence, the advantages to invest in the form of Systematic Investment Plan ( SIP) are not available in these funds. No track record is available for this type of fund. So, investors are compelled to depend on the capability of Fund Manager only. Happy Investing !!!   প্রদীপ ##   Common Investors may c