InvestorQ : What is open-ended mutual fund?
priya Shah made post

What is open-ended mutual fund?

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Arusha Ray answered.
1 year ago

An open-ended fund is a feature of Mutual fund which defines the time when investors can join or leave the scheme of a mutual fund. As the name suggests, open-ended fund means that the investors can join the scheme any time and leave or stop anytime. Basically, it is open for an investor with respect to start and stop investment.
So if a Mutual fund scheme is open-ended, then it means that you can start your mutual fund investment whenever you want to. There is no time limit to investors and so you can easily join and stop the investment.