open ended investment company vs mutual fund

Suppressing ICICI Prudential Mutual Fund HDFC Mutual Fund has become the largest asset management company in India after a gap of more than 2 years. According to the latest AMFI Association of Mutual Funds in India data by the end of December while HDFC MF has Rs335 lakh crore AUM Asset under management ICICI Prudential MF has only Rs308 lakh crore.


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It issues new shares and buys back its own shares on.

. In contrast an open-ended fund such as most mutual funds and exchange-traded funds ETFs accepts a constant flow of new investment capital.


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