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Open ended vs Close ended MF. Which one do you prefer?

3 COMMENTS

  1. I prefer close ended mutual funds over open ended for the following reasons.

    1) usually I can buy close ended MF at rate less than NAV while open ended is traded at NAV.

    2) Its easier to sell close ended MF directly through TMS. While open ended requires a visit to the bank.

    **My info is limited as I have not yet sold any open ended mutual fund while I have traded quite a few close ended ones.

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