What Happens To Your Money When A Mutual Fund Scheme Is Closed?

Show Stocks and Investing Publications

Fri, November 29, 2024

[ Fri, Nov 29th 2024 ]: Thomas Matters

Investors Looking for Stability Tap South Africa in Trump Era

[ Fri, Nov 29th 2024 ]: Thomas Matters

Scotia Global Asset Management announces fee reductions and year-end distribution estimates

[ Fri, Nov 29th 2024 ]: Thomas Matters

Active momentum funds gather steam as large fund houses enter the fray

[ Fri, Nov 29th 2024 ]: Thomas Matters

5 Mistakes to Avoid While Christmas Shopping at Costco This Year

[ Fri, Nov 29th 2024 ]: Thomas Matters

The Best Warren Buffett Stock to Buy With $500 Right Now

[ Fri, Nov 29th 2024 ]: Thomas Matters

7.7 million Australians are investing in ASX shares. Why aren't you?

[ Fri, Nov 29th 2024 ]: Thomas Matters

The Globe and Mail's 2024 Robo-Adviser Guide

[ Fri, Nov 29th 2024 ]: Thomas Matters

Bullish on Tesla, Apple, Nvidia? 4 ways to invest in international stocks

Thu, November 28, 2024

[ Thu, Nov 28th 2024 ]: Thomas Matters

Here's the Average Stock Market Return Over the L .. 10 Years, and What It Means for the Next 10 Years

[ Thu, Nov 28th 2024 ]: Thomas Matters

Why Is Structure Therapeutics Inc. (GPCR) Among t .. p and Coming Stocks to Buy According to Analysts?

[ Thu, Nov 28th 2024 ]: Thomas Matters

Stock market today: Losses for Big Tech pull US indexes lower

[ Thu, Nov 28th 2024 ]: Thomas Matters

What Happens To Your Money When A Mutual Fund Scheme Is Closed?

[ Thu, Nov 28th 2024 ]: Thomas Matters

Embecta upgraded to Buy from Neutral at BTIG

[ Thu, Nov 28th 2024 ]: Thomas Matters

MCAN Financial: Invested in Canadian Communities

[ Thu, Nov 28th 2024 ]: Thomas Matters

Al Harper named to Rocky Mountain Chocolate Factory board of directors

[ Thu, Nov 28th 2024 ]: Thomas Matters

Ripple's XRP could rally to $2.58 following a rise in whale buying activity

[ Thu, Nov 28th 2024 ]: Thomas Matters

Analysis-Australia's Hot Jobs Market Keeps Rate Cuts Out of Reach

[ Thu, Nov 28th 2024 ]: Thomas Matters

India's Defence Sector: Investing in Aatmanirbhar Push

[ Thu, Nov 28th 2024 ]: Thomas Matters

3 Market-Beating ETFs for Large-, Mid-, and Small-Cap Exposure

[ Thu, Nov 28th 2024 ]: Thomas Matters

How to Invest in Golden Goose Pre-IPO

[ Thu, Nov 28th 2024 ]: Thomas Matters

Digital infrastructure, interconnected Grid, & af .. t attractive investment destination: Piyush Goyal

[ Thu, Nov 28th 2024 ]: Thomas Matters

Canadian Dollar catches a break from selling pressure on Wednesday

[ Thu, Nov 28th 2024 ]: Thomas Matters

Adani Green Energy Says No Talks on New Financial Commitment With TotalEnergies

[ Thu, Nov 28th 2024 ]: Thomas Matters

OFP Funding Review 2024: : Everything You Need to Know Before Signing Up

[ Thu, Nov 28th 2024 ]: Thomas Matters

BMO ETFs: All-in-One Solutions for Simplified Investing

[ Thu, Nov 28th 2024 ]: Thomas Matters

Dow Jones Industrial Average ends Wednesday lower despite tapping record bid

[ Thu, Nov 28th 2024 ]: Thomas Matters

European Stocks off Two-Week Highs as Energy Stocks Weigh

[ Thu, Nov 28th 2024 ]: Thomas Matters

49-Year-Old Makes $5,180 a Month in Dividends Wit .. t Night' Portfolio - Top 10 Stocks You Can't Miss

Wed, November 27, 2024

[ Wed, Nov 27th 2024 ]: Thomas Matters

USD/JPY: Oversold conditions can bush the USD downwards - UOB Group

[ Wed, Nov 27th 2024 ]: Thomas Matters

Russian Central Bank Intervenes as Rouble Tumbles Past 0 to the Dollar

[ Wed, Nov 27th 2024 ]: Thomas Matters

Best Buy: With Weaker Spending, It's Best To Get Out Of This Stock (Rating Downgrade)

[ Wed, Nov 27th 2024 ]: Thomas Matters

Trump Transition Live Updates: Retired General Picked for Russia-Ukraine Envoy

[ Wed, Nov 27th 2024 ]: Thomas Matters

Solana Price Prediction: How SOL Could Reach $400 in the Next Market Rally

[ Wed, Nov 27th 2024 ]: Thomas Matters

Best Investment Picks for 2024: $TICS Token Poise .. lkadot and Polygon Shape the Future of Blockchain

[ Wed, Nov 27th 2024 ]: Thomas Matters

Best New Crypto to Invest In: Top 0 Trending New Cryptocurrencies that Could Explode

[ Wed, Nov 27th 2024 ]: Thomas Matters

Global Investment Summit will run from March 25 to 27 next year

[ Wed, Nov 27th 2024 ]: Thomas Matters

Buying Into China Stimulus Is 'Painful Trade,' Lombard Odier Says

[ Wed, Nov 27th 2024 ]: Thomas Matters

Stocks, Dollar, Bond Yields Fall; Economic Data, Trump Tariffs in Focus

[ Wed, Nov 27th 2024 ]: Thomas Matters

Dow Jones Industrial Average falls 00 points after tapping fresh record high

[ Wed, Nov 27th 2024 ]: Thomas Matters

Donald Trump says Mexico's President agreed to stop migration

[ Wed, Nov 27th 2024 ]: Thomas Matters

Investors Should Position For A Correction In Tech Stocks

[ Wed, Nov 27th 2024 ]: Thomas Matters

EUR/USD: To trade in a relatively broad range - UOB Group

[ Wed, Nov 27th 2024 ]: Thomas Matters

Mortgage rates dipped this week

[ Wed, Nov 27th 2024 ]: Thomas Matters

A $.6M Miami Ponzi scheme paid for private school, tennis lessons, nails, feds say

[ Wed, Nov 27th 2024 ]: Thomas Matters

Data Dump Wednesday, Including Inflation Report, Ahead Of Thanksgiving

[ Wed, Nov 27th 2024 ]: Thomas Matters

Why Vale S.A. (VALE) is One of the Cheapest Stocks to Buy on Robinhood?

[ Wed, Nov 27th 2024 ]: Thomas Matters

What you should and shouldn't do with your money after Trump's tariffs warning

[ Wed, Nov 27th 2024 ]: Thomas Matters

Chinese EV makers' 'do-or-die' moment, Hyundai's US$500 million investment: 7 EV reads

What Happens To Your Money When A Mutual Fund Scheme Is Closed?

//stocks-investing.news-articles.net/content/202 .. r-money-when-a-mutual-fund-scheme-is-closed.html

Published in Stocks and Investing on Thursday, November 28th 2024 at 3:00 GMT by

Thomas Matters

Mutual funds are managed by professional fund managers who make investment decisions on behalf of the investors.

The article from News18 discusses the closure of the Axis Focused 25 Fund, which has been a popular choice among investors for its focused approach on a limited number of stocks. The fund, managed by Axis Mutual Fund, will no longer accept lump sum investments or new registrations for Systematic Investment Plans (SIPs) and Systematic Transfer Plans (STPs) after a specified date. However, existing SIPs and STPs will continue until their completion. The closure comes as part of a strategic decision by the fund house to manage the fund's size and performance more effectively. The article highlights the fund's past performance, noting its success in delivering high returns due to its concentrated portfolio strategy, but also mentions the inherent risks associated with such an investment approach. It advises investors to consider their risk appetite and investment horizon before making decisions regarding their investments in this fund.

Read the Full CNN-News18 Article at [ https://www.news18.com/business/savings-and-investments/mutual-fund-scheme-closed-investment-money-sip-returns-9138126.html ]