There are various types of mutual fund schemes; here in this article, we will learn the basic and common types of schemes. These schemes are categorized based on their utility and features. Based on maturity period 1. Open-ended Fund: An open-ended Mutual Fund generally available for subscription and one can redeem them anytime. It is available for subscription for the whole year. These funds do not have any fixed maturity date, an investor can buy these mutual fund scheme based
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