Mutual Funds, which was supposed to be an extremely simplified method of investing in equity market, has become overly complex today with hundreds and thousands of products from innumerable fund houses. If you were a new investor in the market and you had INR 5000 per month to invest in Mutual Funds, imagine how confusing it could be to take your first step.
One of the most fundamental bifurcation in mutual fund space is the one between an Open Ended Fund and a Close Ended Fund....Read on...