Multiple choice

Mutual funds offer

  1. open ended schemes

  2. close ended schemes

  3. growth oriented schemes

  4. all of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Mutual funds offer diverse investment schemes: open-ended (can buy/sell anytime), close-ended (fixed maturity), and growth-oriented (capital appreciation). This variety allows investors to choose based on liquidity needs and investment horizon. All these types coexist in the mutual fund industry.

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