Question 8 of 90
After the NFO, open-ended fund transactions can be undertaken by
A
Existing investors
B
Existing and new investors
C
New investors
D
None of the above
Correct Option:
B
Explanation
Unlike close-ended funds, open-ended mutual fund schemes remain open for continuous purchase and redemption after the New Fund Offer (NFO). Both existing and new investors can transact in these schemes.
