What Are Closed-Ended Mutual Funds and Their Benefits?

Mutual Funds are classified based on their structure into three primary types: open-ended, closed-ended, and interval funds. This classification depends mainly on how often you can trade the units of a scheme. Open-ended funds are predominant and popular among many investors because of their flexible trading features. However, closed-ended funds are increasingly becoming popular. This article examines Closed-Ended Mutual Funds, discussing the types available in India, their merits, and additional insights.