What is a defining characteristic of Interval Funds compared to other types of mutual funds?

"Units can be bought or sold at any time." "Units can only be traded on the stock exchange." "Units can only be bought or sold during specific intervals decided by the fund house." "Units are only available to institutional investors."

What is a key advantage for fund managers in Interval Funds?

"Frequent trading opportunities to maximize returns." "Ability to focus on long-term strategy without constant redemption pressure." "Guaranteed higher returns compared to open-ended funds." "Lower management fees due to infrequent trading."

Which type of investor might find Interval Funds suitable?

"Investors seeking daily liquidity and short-term gains." "Investors with a high-risk appetite and long-term investment horizon." "Investors interested in unconventional assets and comfortable with limited liquidity." "Investors looking for tax-free investment options."

What is a potential drawback of investing in Interval Funds?

"High minimum investment requirements." "Limited availability of investment options." "Illiquidity, making it difficult to access funds quickly." "Complex tax implications compared to other fund types."

How is the taxation of Interval Funds determined?

"All Interval Funds are taxed at a flat rate regardless of asset allocation." "Taxation depends on the individual investor's tax bracket." "Taxation is based on the percentage of equity and debt investments in the fund's portfolio." "Interval Funds are exempt from taxation due to their unique structure."