Is it worth buying close ended funds at discount in open market?

It is better to avoid close ended funds even if they are available at a discount in the open market. The reason why they are available at a discount is itself a signal that lack of liquidity and other issues are driving the prices down. Else they should be selling for a premium!

In general avoid close ended funds even during “New Fund Offering” or NFO season!

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Your email address will not be published.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 *