Why are mutual fund investments displayed under Kite holdings?

Close-ended mutual funds that have been transferred to a Zerodha account will be displayed under Kite holdings since they are traded on the exchange. If the closed-ended mutual fund is not listed on the exchange, it will not be visible on Kite but can be viewed on Console under Holdings. To learn the difference between closed and open-ended mutual funds, see What are open ended and closed ended funds?

Did you know? Investments in close-ended mutual funds are not possible on Coin.