Types of Mutual Funds
Types of Mutual Funds
Blog Article
Types of mutual funds , catering to different investor needs and risk profiles.
Categories Based on Asset Classes
- Equity Funds: Invest in stocks for capital growth.
- Debt Funds: Focus on fixed-income securities.
- Hybrid Funds: Combine equity and debt for balanced returns.
Categories Based on Objectives
- Growth Funds: Aim for wealth creation.
- Income Funds: Provide regular payouts.
- Tax-Saving Funds (ELSS): Offer tax benefits under Section 80C.
Understanding these categories helps investors choose funds aligned with their goals and risk appetite. Report this page