Open Ended/ Close Ended Mutual Funds

Zerodha Coin - Direct MF
1

Hi,

  1. How to know if a MF offered on Coin is “open ended” or “close ended”?

  2. Can I exit my MF position (and convert it to cash) whenever I want or are there any restrictions?

  3. If a mutual funds has a SIP end date as “21- Apr-2017” - what does it mean? Does it mean that I CANNOT invest it anymore? (example: ICICI Prudential MidCap Fund - Direct Plan - Growth has a SIP date of 21-Apr-2017, which is gone!)

regards,
Ank

2

Please disregard the 3 question! That was due to my misunderstanding.

Only the first 2 Qs are relevant.

3

Click on compare funds and you will get this info - Coin – Zerodha[quote=“ank, post:1, topic:13074”]
Can I exit my MF position (and convert it to cash) whenever I want or are there any restrictions?
[/quote]

You can, for all open ended schemes. Your money will be locked in closed ended schemes.

1 Like
4

Thanks for a quick reply. That solves my problem!