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Only nine of 187 closed-end schemes outdid their benchmarks this year
Schemes which did better than their underlying indices managed Rs 1,158 cr of investor money. The laggards had assets worth Rs 33,612 cr, shows Business Standard analysis
Closed-end funds gain traction: Since 2017, 47 such schemes launched
Since 2017, 47 such schemes launched; mopped up Rs 175 billion
