Mutual funds are categorized into several types such as money market funds, fixed income funds, equity funds, and balanced funds but apart from these, mutual funds are also differentiated on the basis of its structure i.e. open-ended and close-ended. In this article, we will discuss the major difference between both these terms and understand its relevance with mutual funds. Let’s discuss open-ended and close-ended mutual funds here.
Open-ended Funds vs. Close ended Funds – What’s the difference? (more…)