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Options
- A
He can buy the units on the stock exchange from market makers appointed by the mutual fund
-
He can buy the units on the stock exchange from other investors who were allotted the units and are interested in selling
Correct answer
- C
He can buy the units from the mutual fund itself when they open the sale at periodic intervals as announced by the fund
- D
He cannot buy units of a close-ended fund
Why this is the answer
Close-ended funds are listed on the stock exchange after the NFO (New Fund Offer). Investors can buy the units from other investors who wish to sell their holdings through the stock exchange.
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