4 important tips to make the most of close-ended mutual funds

Ever since the Securities and Exchange Board of India (SEBI) announced re-categorisation of open-ended mutual funds in October 2017 into 36 schemes under equity, debt, hybrid etc, funds houses have been restricted from having more than one scheme under each category, subject to certain exceptions. As per a report by The Association of Mutual Funds in India (AMFI), fund houses have launched 12 new close-ended equity schemes in the January to March quarter, leading to growing eagerness among investors to invest in them.

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