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    Question

    _____________ funds can be understood as the schemes

    that offer new units to the investors continuously.
    A Open-Ended Funds Correct Answer Incorrect Answer
    B Close-Ended Funds Correct Answer Incorrect Answer
    C Interval Funds Correct Answer Incorrect Answer
    D Gold Funds Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    Open-Ended Funds allow investors to trade funds at their convenience and exit when required at the prevailing NAV (Net Asset Value). This is the sole reason why the unit capital continually changes with new entries and exits

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