
Nitty-gritty of investing in mutual funds
So, let’s begin with what is a mutual fund.
H The investor can enter and exit at any time.
H They offer new units to the investors on a continuous basis.
H Offers liquidity with an exit load
H The investor can buy only when the IPO is issued.
H Investment can be redeemed after a fixed time in other words it has a lock in period. They can be redeemed at the prevailing NAV rate.