Which of the following is not a type of mutual fund?
Which of the following is not a type of mutual fund?
[A]Open-ended scheme
[B]Closed-ended scheme
[C]Long forward scheme
[D]Exchange-traded funds
Long forward scheme
There are three types of mutual fund schemes in which an investor can invest in. These are open-ended schemes, closed-ended schemes, and exchange-traded funds (ETFs).