Closed-ended equity funds bought from the secondary market can earn high returns for investors. Many of these schemes are trading at steep discounts to their NAV at present, providing a window of opportunity for investors. But should you rush out and buy?
Unlike traditional open-ended schemes that allow entry and exit at any point, a closed-ended scheme can be bought from the fund house at the time of the new fund offer. Exit can only happen at the time of maturity, typically after a lo ..