Which one do you prefer?
View on r/NepalStock by RepresentativeNo1973
Highlights:
- The NEPSE Index falls 26.80 points on the first trading day of the week, with the banking sector suffering the most losses.
- The deadline for “10.30%” has been extended. Nepal Standard Chartered Bank Limited
- Open Ended Mutual Fund……………..
- Molung Hydropower Company Allotted Shares to Project-Affected Locals and Nepalese Working Abroad on the 24th of Magh.
- How are fees in open ended mutual fund calculated?
IDK, tara ma aba SIP apply garne soch ma xu.
Only a dumb person will choose close ended MF
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.