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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
Global cues mixed; flat Nifty opening seen today

18-06-2015| Source:Moneycontrol.com

Globally, the US markets ended mildly higher as the Federal Reserve says that the US economy is likely strong enough to withstand a rate hike later this year.

Positive global cues; Nifty to see gap up opening

17-06-2015| Source:Moneycontrol.com

Globally, the US markets ended higher as investors await the outcome of the Federal Open Market Committee's two-day meeting.

Rupee ends at 21-month low of 64.26 against USD  

16-06-2015| Source:PTI

The rupee opened higher at 64.05 from its previous close of 64.16 at the Interbank Foreign Exchange (Forex) market on initial selling of dollars by banks and exporters.

Rupee trend weak; see 66-66.20/$ by Q1 2016: DBS Bank  

16-06-2015| Source:CNBC-TV18

Rupee is expected to move towards 65.60 before the end of December, 2015 and more towards 66-66.20 by Q1 2016, Arvind Narayanan, Head Of Sales, Treasury and Markets, DBS Bank told CNBC-TV18.

Nifty likely to open in red on weak global cues

16-06-2015| Source:Moneycontrol.com

Globally, the US markets ended lower as investors remained anxious over stalled Greece debt talks and ahead of the two-day Federal Reserve meeting that begins today.

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