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Open-Ended Schemes

Mutual fund schemes that continuously offer new units to the public are called open-ended schemes. They offer units for sale without specifying any duration for redemption.

News On Open Ended Schemes
Indian rupee opens lower at 62.56 per dollar

30-03-2015| Source:Betterinteriors

Expect year-end dollar inflows to continue in this shortened week, says Agam Gupta of Standard Chartered.

Sundaram MF launches Sundaram Select Small Cap Series - IV

28-03-2015| Source:Moneycontrol.com

Sundaram Mutual Fund launches Sundaram Select Small Cap Series - IV, a close-ended equity scheme, that seek capital appreciation by investing predominantly in equity/equity-related instruments

HDFC MF launches HDFC Focused Equity Fund - Plan B

25-03-2015| Source:Moneycontrol.com

HDFC Mutual Fund launches HDFC Focused Equity Fund - Plan B, a close ended equity scheme investing in that aims to generate long term capital appreciation from a portfolio of Eligible Securities

UTI Mutual Fund launches UTI Medium Term Fund

25-03-2015| Source:Moneycontrol.com

UTI Mutual Fund launches a UTI Medium Term Fund, an open ended income scheme, that aims to generate steady and reasonable income, with low risk and high level of liquidity from a portfolio of money

Indian rupee opens marginally lower at 62.32 per dollar

25-03-2015| Source:Moneycontrol.com

The currency market today is expected to take cues from the month-end demand from importers which could put some pressure on the rupee, says NS Venkatesh of IDBI Bank.

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