What are the Different Types of Mutual Funds?

Equity Funds

Invest primarily in stocks, offering high returns with higher risk

Debt Funds

Invest in fixed-income securities like bonds, safer with steady income

Balanced or Hybrid Funds

Combine equity and debt for balanced risk and returns

Index Funds

Mirror a market index’s performance, low cost and passive management

Sector Funds

Invest in specific sectors like technology or healthcare, higher risk and returns

Money Market Funds

Invest in short-term, high-quality investments, low risk, and liquidity

Global or International Funds

Invest in foreign markets, diversifying geographically, higher risk and returns