Decode mutual funds: Your path to financial success revealed!
India TV NewsBuilding wealth is a gradual process, but with the right investment avenue, such as mutual funds, your wealth creation journey can become easier and more systematic. Decoding Types of Mutual Funds: Categories and Sub-Categories First, a small primer on what a mutual fund is: it is an investment scheme where an asset management company pools funds from various investors. Following are some popular equity mutual fund types: a. Large-Cap Funds These funds invest in established companies ranked in the top 100 in India by market capitalisation. d. Gilt Funds Considered one of the safest debt mutual fund investments, gilt funds invest primarily in government securities. Diversify Your Portfolio To ensure steady access to funds for all life events, it is best to spread your mutual fund investments across multiple fund types.