
How many types of mutual fund – Equity , debt fund, ?
Type | Focus | Risk | Best for |
---|---|---|---|
Equity Funds | Invest in stocks | High | Long-term growth |
Debt Funds | Invest in bonds | Low to Moderate | Regular income, safety |
Hybrid Funds | Mix of stocks and bonds | Moderate | Balanced approach |
Index Funds | Track market indices | Moderate | Low-cost market following |
ETFs | Traded on stock exchanges | Moderate | Flexibility, low fees |
Solution-Oriented | Focused on goals like retirement | Varies | Specific financial goals |
Fund of Funds (FoFs) | Invest in other mutual funds | Varies | Diversification through funds |