Unit Capital will not change even after being listed at Stock Exchange in which of the following type of funds:

The unit capital of a fund typically refers to the total value of the investments in that fund divided by the number of units issued. This value can fluctuate under different circumstances, particularly when the fund is traded on a stock exchange. However, there are specific types of funds where the unit capital remains stable even after being listed.

1. Open-end Funds: These funds allow investors to buy or sell units at the current NAV (Net Asset Value), meaning the unit capital can change as units are purchased or redeemed.

2. Closed-end Funds: Once listed on a stock exchange, these funds have a fixed number of shares and do not issue or redeem shares based on investor demand. Hence, while the market price of the shares may fluctuate, the unit capital generally remains stable.

3. Exchange-Traded Funds (ETFs): Similar to closed-end funds, ETFs have a fixed number of shares and trade on an exchange, but they can create or redeem shares based on demand.

4. Unit Investment Trusts (UITs): UITs also have a fixed number of units and typically do not change their unit capital after formation.

Answer

Among the options provided, the unit capital will not change for Closed-end Funds and Unit Investment Trusts (UITs) after being listed on the Stock Exchange, as both types maintain a fixed number of shares regardless of market fluctuations.