- can have both money and capital market investment
- are open-ended funds
- can have both debt and equity allocation
Which of the above is/are correct statements?
Mutual funds are open ended funds. It means they generally create and sell new shares to accommodate new investors unlike closed end funds which sell a fixed number of shares at one time (in an initial public offering) that later trade on a secondary market.
This question is a part of GKToday's Integrated IAS General Studies Module