Informed investors are buying units of closed-end equity mutual fund schemes, traded on stock exchange platforms, which are available at a discount of 8-10 per cent to their net asset value (NAV). The discount adds to the probable profits that investors get once the scheme’s tenure ends and the money is given back to investors.
“Sellers in this fund are desperate individuals who need cash in many cases, while buyers can command their price. In such a scenario, there is no option for sel ..
