Multiple choice

Units from an open-end bought from

  1. The fund itself

  2. AMPI

  3. The Banks mutual fund are

  4. A stock exchange
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

In open-end mutual funds, units can be bought directly from the fund itself (the AMC) at the prevailing NAV. Unlike closed-end funds, they don't trade on stock exchanges, and investors transact directly with the fund house for both purchases and redemptions.

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