What is the most prevalent type of mutual fund among investors? Option: Open-Ended Funds, Interval Funds, Closed-Ended Funds, Exchange-Traded Funds

What is the most prevalent type of mutual fund among investors?

What does the term 'open-ended' mean in the context of mutual funds?

Which type of mutual fund typically offers the option of systematic investment plans (SIPs)?

Which of the following is a significant advantage of open-ended mutual funds?

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

What characteristic defines open-ended mutual funds in terms of the number of units they can issue?