Classification of Mutual Fund Schemes. Types

12manage is looking for
MBA students.

Mutual Funds > Forum Log in

Classification of Mutual Fund Schemes. Types
Oscar Pyngrope, Student (MBA), India, Premium Member
Mutual fund schemes can be classified into the following categories:
  1. CLOSE ENDED FUNDS: Under such scheme, the number of units and duration of the fund are predetermined. Once the subscription reaches the predetermined amount, the entry for investor is closed.
  2. OPEN ENDED FUNDS: Under such scheme, the size and duration of the fund is not predetermined. The investors are free to buy and sell any number of units at any point of time.
Alternately, mutual fund schemes can be categorized into the following types:
  • Income Funds: An income fund is used to generate and distribute regular income to members on a periodic basis. It also ensures that the average return is higher than that of income from bank deposits.
  • Growth Oriented Funds: A growth oriented fund concentratea mainly on capital appreciation or long term gains.
  • Balanced Funds: A balanced fund is a combination of income and growth orie...Sign up


Special Interest Group Leader

Interested? Sign up for free.

Mutual Funds
Best Practices

Expert Tips


About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2019 12manage - The Executive Fast Track. V15.0 - Last updated: 20-1-2019. All names of their owners.