Various Types Of Mutual Funds:
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Do you also want to invest in mutual funds but aren't sure on which one to choose among the available options?
Confusion
Then you are at right place as this story will brief you the options, available in the market.
Solution
Types Of Mutual Funds
Various types of MF are available based on the asset investment, structure, goals etc...
Asset Based Classification
Here MFs are classified based on their investment strategy such as Equity investment/debt investment or both.
Structure Based Classification
Structure of MFs tells us if the MF is open end or closed end & how can you invest the money in different types of structures.
Risk Based Classification
Each MF has a different severity of risk associated with it and study of this risk factor, enables us to choose wisely.
Goal Based Classification
Different investors have different investment goals and considering this, MFs are classified as growth,pension and other types of fund.
Specialized
Mutual Funds
There are some special kinds of MFs that are tailor made as per investors specific needs and are good to know about.
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