Brief idea about Open-ended schemes in mutual fund

[FuzzyLunkun]

I am basically a student and my teacher in the college has given me the project on the Open-ended schemes in the mutual fund. He has told me to gather some information on the Open-ended schemes. So i am greatly in need of you help. If you have even some idea related with this, then try to post it here. I will be very much thankful to you if you do this.

[AmdUser]

An open-ended scheme comes under the structure type of mutual fund scheme. Open mutual funds are more general than closed-ended funds and meet the right explanation of a mutual fund. Open-ended scheme is a financial mediator which let a set of investor to pool their money collectively in order to meet an investment goal. I think i have provide you some help.

[CACTUS101]

I have a bit knowledge about the open-ended scheme as i have invested my money in this scheme and i ma closely watching mutual fund market from the last 1 year. In open-ended scheme, for the purpose of making the money, a group of specialized money managers supervise the pooled resources and select investments, which create the fund’s portfolio. An investor can freely sell his funds and also can repurchase his funds in the open-ended fund scheme.

[Crockodoo]

Is there anyone who can provide me some idea related with the Growth schemes, Income schemes, balanced schemes and Money market schemes? I require some idea about these schemes which comes under the classification of mutual fund scheme on the basis of investment objective. Please do help me. Thanks.