[Prajna Capital - An Investment Guide] How to Redeem a Closed end Fund

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In a closed-end fund, you cannot redeem your units till the maturity of the fund. But since they are listed on a stock exchange and trade just like a stock, you may be able to sell your units there.

But bear in mind that the trading volumes are usually very low in these funds, making it difficult for investors to exit through this route. Even if you find a buyer on an exchange, it may be trading at a discount to its NAV, which means you'll have to sell your units at lower than their actually worth.

SIPs are Best Investments as Stock Market s are move up and down. Volatile is your best friend in making Money and creating enormous Wealth, If you have patience and long term Investing orientation. Invest in Best SIP Mutual Funds and get good returns over a period of time. Know which are the Top SIP Funds to Invest Save Tax Get Rich - Best ELSS Funds

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Posted By Blogger to Prajna Capital - An Investment Guide at 10/16/2018 07:52:00 AM

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