News From Press Returns on close-ended MFs lag those on open-ended ones

Returns on close-ended MFs lag those on open-ended ones

Source: Business Standard Jan 4, 2017

The much hyped close-ended mutual fund equity funds have not been able to have an impressive performance compared to their open-ended counterparts. The period between 2013 and 2015 witnessed a sudden surge in close-ended products by India’s fund houses, which were embedded with high commission to distributors – to the tune of eight per cent in some cases.

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