Mutual FundsELSS-Equity Linked Savings Scheme Redemption of Units Launch Date Net Asset value (NAV) Investment Strategy Direct Plan
Open-ended Fund
An Open-ended Mutual Fund is a type of fund that becomes available after the New Fund Offer (NFO) ends. It allows individuals to enter and exit the fund at any time after its launch. This flexibility makes it a popular choice for investors as it offers liquidity and convenience. Unlike a Closed-ended Mutual Fund, which has a fixed maturity period, an open-ended fund does not have a set timeline. This means investors have the freedom to invest and redeem their units as per their financial goals and needs.
Related terms
Understand the meaning and definition of ELSS-Equity Linked Savings Scheme in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Redemption of Units in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Launch Date in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Net Asset value (NAV) in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Investment Strategy in the context of stock market, trading, and investments.
MOREUnderstand the meaning and definition of Direct Plan in the context of stock market, trading, and investments.
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