WHAT ARE MUTUAL FUNDS?

Mutual funds come in many varieties, designed to meet different investor goals. Mutual funds can be broadly classified based on –

• Organisation Structure – Open ended, Close ended, Interval
• Management of Portfolio – Actively or Passively
• Investment Objective – Growth, Income, Liquidity
• Underlying Portfolio – Equity, Debt, Hybrid, Money market instruments, Multi Asset
• Thematic / solution oriented – Tax saving, Retirement benefit, Child welfare, Arbitrage
• Exchange Traded Funds
• Overseas funds
• Fund of funds