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Despite years of lock-in, close-ended equity funds report losses

Science of Alpha from Safety

Despite years of lock-in, close-ended equity funds report losses

Published in Moneycontrol

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With the fall in NAVs, investors in these close-ended schemes now face the prospect of making a loss at the time of exit. Even in schemes where NAVs are quoting above NFO prices, the gains are miniscule and investors would end up with returns that are much lower than fixed-income schemes.

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Read more @Moneycontrol

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