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Glossary > I > "Interval Fund (Scheme)" Definition

Interval Fund (Scheme)

A fund that combines the features of open-ended and close-ended schemes, making the fund open open for sale or redemption during pre-determined intervals.

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Interval Fund (Scheme) - A fund that combines the features of open-ended and close-ended schemes, making the fund open open for sale or redemption during pre-determined intervals.

Interval Fund (Scheme) : a fund that combines the features of open-ended and close-ended schemes, making the fund open open for sale or redemption during pre-determined intervals.