Question

In open-ended schemes, when can investors get their money back?

a.

Only at maturity

b.

At the discretion of the fund manager

c.

At any time at the net asset value related prices

d.

Only during market hours

Posted under IC 89 Management Accounting

Answer: (c).At any time at the net asset value related prices Explanation:In open-ended schemes, investors can get their money back at any time at the net asset value related prices from the mutual funds itself.

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Q. In open-ended schemes, when can investors get their money back?
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