Is it good to invest in close ended NFO? .. I’m new to Mutual Funds.

In general it is better to avoid close ended NFOs, because they are often just marketing gimmicks.

The brokers and distributors push these products because they are able to lock in your capital for longer time and they get credit for the entire commission. Due to this, often various wrong funds are marketed and pushed.

With an open ended mutual fund the commission trail stops the day you shift to a direct mutual fund using a platform like jama.co.in

Maxiom Wealth — Free Tool

Is Your Mutual Fund Working Hard Enough?

Two funds with similar star ratings can deliver very different outcomes. Use our fund comparison tool to check if you’re in the right scheme for your risk profile and investment horizon.

Compare Funds → Talk to a Financial Advisor

Leave a Reply

Your email address will not be published. Required fields are marked *