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A close ended mutual fund has a fixed ________.
A close ended mutual fund has a fixed ________.
1). Interest
2). Gilt Funds
3). Balanced Funds
4). Fund Size
1). Interest
2). Gilt Funds
3). Balanced Funds
4). Fund Size
This Question has 3 answers.
Explanation of Options:
Correct Answer: Option 4: Fund Size
- Interest – Mutual funds do not have a fixed interest rate; returns depend on market performance.
- Gilt Funds – These are mutual funds that invest in government securities, not specific to close-ended funds.
- Balanced Funds – A type of mutual fund that invests in both equity and debt instruments.
- Fund Size – Correct Answer. A close-ended mutual fund has a fixed fund size, meaning that once the fund is launched, no new units are issued, and it operates within a pre-defined capital.
Correct Answer: Option 4: Fund Size
Fund size
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