Types of mutual Funds
- 1. Equity Mutual Funds..
- Predominantly investing in equity and equity-related instruments (Diversified)
- 2. Sector Funds
- Technically called Thematic Funds, investing in particular sectors.
- 3. Index Funds
- Investing in BSE / NSE listed stocks, managing the funds passively.
- 4. Fund of funds
- Investing in the best performing mutual funds.
- 5. Tax Saver Mutual Funds
- Income tax Section 80C benefits, where the invested amount (Maximum Rs. 1.5 lac a financial year) is locked for 3 (three) years.
- 6. Debt Mutual Funds..
- Investing in government-related instruments.
- 7. Monthly Income Plans (MIPs)
- Where the monthly dividend is paid back to the investor
- 8. Liquid Funds..
- Investing in money market funds with high liquidity.
- 9. Floating Rate Short term Funds..
- Invests in debt securities, money market instruments and floating rate instruments with maturity profile of three months and upto 2 (two) years
- 10. Gilt Funds
- Investing in government-related securities.
- 11. Fixed Maturity Plans (FMPs)
- Fixed returns up to the maturity period
- 12. Gold Exchange Traded Funds (Gold ETFs)
- Predominantly investing in gold commodity stocks
Thanks to ICICI Pru. Mutual Fund |
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