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  • News From Press It is raining closed-ended equity mutual fund schemes. Should you buy them?

    It is raining closed-ended equity mutual fund schemes. Should you buy them?

    Source: The Economic Times May 26, 2018


    Many mutual fund houses are busy launching closed-ended equity schemes these days. Fund houses such as Canara Robecco, SBI, Sundaram, Kotak and IDFC Mutual Funds have recently launched equity schemes with a lock-in period. Some fund houses are in the process of launching close-ended equity schemes. Why are mutual fund houses in love with close-ended equity schemes suddenly?

    “Closed-ended equity schemes have been there earlier as well but we have never recommended them. The surge in num ..

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    1 Comment
    Prashant · 5 years ago `
    This means 2 things. 1st is SEBI will go to any extent to make AMCs profits shoot up whether it is reducing brokerage but keeping the TER same and reducing TER but will allow passing on the complete reduction to distributors or promoting direct plans and forcing RIA model which is malicious in nature. Originally SEBI reduced the brokerage and told that the closed ended funds are bad for the investors and now they allow so many closed ended funds to be sold which means they are hands in gloves with the investors and want to file the investors with AMCs which is exactly opposite to their role. They are supposed to safeguard investors. 2nd is they bring NFOs is fine but if we sell them than they will catch us by saying we missell. AMCs are fine to manufacture them SEBI is fine in allowing them to be sold but if we sell than we are devils.
    Shame shame shame
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