INTERVIEW QUESTIONS INVESTMENT MUTUAL FUNDS DETAILS

Question: If mutual fund scheme is wound up, what happens to money invested?

Answer: In case of winding up of a scheme, the mutual funds pay a sum based on prevailing NAV after adjustment of expenses. Unit holders are entitled to receive a report on winding up from the mutual funds which gives all necessary details.

In case of winding up of a scheme, the mutual funds pay a sum based on prevailing NAV after adjustment of expenses. Unit holders are entitled to receive a report on winding up from the mutual funds which gives all necessary details. Source: CoolInterview.com

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