Question

What is the difference between an open-ended and close-ended scheme?

Answer 1

open ended scheme - It is a collective investment scheme that can issue and redeem share at any time.The investor can purchase the shares in the fund from the fund itself .

Close ended scheme - Here no new investor can enter in the middle and the existing investor cannot exit till the scheme period gets over

Answer 2

✔✔ Hello mate ✔✔

here's your answer  

Closed-Ended Schemes. They sell a specific number of units and the NAV(Net Asset Value) is fixed. Unlike in open-ended funds, investors cannot buy the units of a closed-ended fund after its NFO period is over. This means that new investors cannot enter, nor can existing investors exit till the term of the scheme ends.

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Hope it helps you