What distinguishes closed-ended funds from open-ended funds in terms of unit trading?

"Closed-ended funds allow for unrestricted trading of units." "Closed-ended funds restrict unit trading after the NFO period." "Closed-ended funds and open-ended funds have identical unit trading rules." "Closed-ended funds allow unit trading only on specific days of the week."

How does the trading of closed-ended funds on the stock market affect their price?

"The price is solely determined by the fund's Net Asset Value (NAV)." "The price is influenced by both NAV and the forces of demand and supply." "The price is fixed at the time of the NFO and remains constant." "The price is determined by the fund manager's discretion."

What is a key advantage of closed-ended funds for fund managers?

"Frequent unit redemptions allow for greater portfolio flexibility." "The fixed asset base provides stability for implementing investment strategies." "The fluctuating market price allows for quick profits." "Investors' constant feedback helps in refining investment approaches."

Which investment approach is NOT possible with closed-ended funds?

"Lump sum investment" "Systematic investment plan (SIP)" "Direct investment with the AMC" "Investment through agents and distributors"

How are closed-ended mutual funds taxed in India?

"All closed-ended funds are taxed at a flat rate." "Taxation depends on the fund's asset allocation, specifically the proportion of equity and debt investments." "Closed-ended funds are exempt from taxation." "Taxation is determined by the investor's individual tax bracket."