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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
Nifty likely to open in red on back of weak global cues

24-05-2016| Source:Moneycontrol.com

pressure as well; major indices like STOXX 600 and DAX and FTSE 100 ended trade in red.

Open offers by listed firms fall 32% in FY16

23-05-2016| Source:PTI

Open offers made by listed companies to buy shares from public shareholders dropped about 32 percent to Rs 11,766 crore in the last fiscal ended March 31, shows latest data published by market

Foresee two Fed rate hikes by end of year, none in June: UBS  

20-05-2016| Source:CNBC-TV18

or July if economic data improves as expected.However, Geoffrey Dennis of UBS believes the Fed is likely to hike only by September and then later on in December --  two hikes by the end of this year

StayWell Hospitality to open 5 hotels in India this year

17-05-2016| Source:PTI

Australia-based StayWell Hospitality Group plans to add five hotels with around 550rooms in India by the end of 2016, targeting mid- and up-scale segments as part of its expansion plans

PBM Polytex's workers stop working at Petlad unit

17-05-2016| Source:Moneycontrol.com

With reference to the earlier announcement dated May 16, 2016, PBM Polytex Ltd has now informed BSE that the workers of Open End Spinning Department of Petlad unit of the Company have also stopped

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