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close-ended mutual fund scheme

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Of late there have been queries from some of our clients regarding investment in some newly launched close ended mutual funds products. We squarely advised them not to invest money in these products. We thought of educating investors regarding close ended products, why they are launched and why they are recommended by many salespersons and mutual fund distributors. Close Ended Equity Schemes are those which are open for investments only for a limited period. Post…