Mutual Funds
What is the difference between the primary market and the secondary market?
In the primary market, securities are offered to public for subscription for the purpose of raising capital or fund. Secondary market is an equity trading avenue in which already existing/pre- issued securities are traded amongst investors. Secondary market could be either auction or dealer market. While stock exchange is the part of an auction market, Over-the-Counter (OTC) is a part of the dealer market.
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More from this specialization
- When will the investor get certificate or statement of account after investing in a mutual fund?
- As a unit holder, how much time will it take to receive dividends/repurchase proceeds?
- If mutual fund scheme is wound up, what happens to money invested?
- Can a mutual fund change the nature of the scheme from the one specified in the offer document?
- How to invest in a scheme of a mutual fund?
- What are the relevant rules and regulations and where can I find them?