{"id":13323,"date":"2022-07-13T16:39:14","date_gmt":"2022-07-13T11:09:14","guid":{"rendered":"https:\/\/kuvera.in\/blog\/?p=13323"},"modified":"2022-07-14T15:54:22","modified_gmt":"2022-07-14T10:24:22","slug":"what-are-the-types-of-mutual-funds","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/","title":{"rendered":"What are the types of mutual funds?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_40 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" area-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69db67c43034e\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69db67c43034e\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Types_of_Mutual_Funds_Based_on_Asset_Class\" title=\"Types of Mutual Funds Based on Asset Class\">Types of Mutual Funds Based on Asset Class<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Equity_Funds\" title=\"Equity Funds\">Equity Funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Debt_Funds\" title=\"Debt Funds\">Debt Funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Money_Market_Funds\" title=\"Money Market Funds\">Money Market Funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Hybrid_Funds\" title=\"Hybrid Funds\">Hybrid Funds<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Types_of_Mutual_Funds_Based_on_Investment_Goals\" title=\"Types of Mutual Funds Based on Investment Goals\">Types of Mutual Funds Based on Investment Goals<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Growth_Funds\" title=\"Growth Funds\">Growth Funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Income_Funds\" title=\"Income Funds\">Income Funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Liquid_Funds\" title=\"Liquid Funds\">Liquid Funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Tax-Saving_Funds\" title=\"Tax-Saving Funds\">Tax-Saving Funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Aggressive_Growth_Funds\" title=\"Aggressive Growth Funds\">Aggressive Growth Funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Capital_Protection_Funds\" title=\"Capital Protection Funds\">Capital Protection Funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Fixed_Maturity_Funds\" title=\"Fixed Maturity Funds\">Fixed Maturity Funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Pension_Funds\" title=\"Pension Funds\">Pension Funds<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Types_of_Mutual_Funds_Based_on_Structure\" title=\"Types of Mutual Funds Based on Structure\">Types of Mutual Funds Based on Structure<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Open-Ended_Funds\" title=\"Open-Ended Funds\">Open-Ended Funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Closed-Ended_Funds\" title=\"Closed-Ended Funds\">Closed-Ended Funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Interval_Funds\" title=\"Interval Funds\">Interval Funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Final_Word\" title=\"Final Word\">Final Word<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/#Interested_in_how_we_think_about_the_markets\" title=\"Interested in how we think about the markets?\">Interested in how we think about the markets?<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/39EmUQf5XxM\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">In a<a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\"> mutual fund<\/a>, a company collects money from many people and invests it in stocks, bonds, and other assets. Portfolios are the total holdings of stocks, bonds, and other assets the fund owns. Shares held by each investor represent these holdings.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Mutual fund investors should know the<\/span> types of mutual funds <span style=\"font-weight: 400;\">available and their benefits. Let&#8217;s find out how mutual funds are classified.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/kuvera.in\/explore\/fixed-deposit\/c\/all\"><img loading=\"lazy\" class=\"size-large wp-image-13417 aligncenter\" src=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/FD-Banner_14-July-2022-1024x334.jpg\" sizes=\"(max-width: 640px) 100vw, 640px\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/FD-Banner_14-July-2022-1024x334.jpg 1024w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/FD-Banner_14-July-2022-300x98.jpg 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/FD-Banner_14-July-2022-768x250.jpg 768w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/FD-Banner_14-July-2022.jpg 1080w\" alt=\"Online Fixed Deposits on Kuvera\" width=\"640\" height=\"209\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Types_of_Mutual_Funds_Based_on_Asset_Class\"><\/span>Types of Mutual Funds Based on Asset Class<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Equity_Funds\"><\/span>Equity Funds<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/equity\">Equity Mutual funds<\/a>\u00a0 invest primarily in stocks, they are also referred to as stock funds. They pool together money from various investors from diverse backgrounds to purchase shares\/stocks of multiple companies. Equity funds have the potential to bring significant returns over a period. Their gains and losses are solely determined by how the shares they invest in perform (price-hikes or price-drops). Because of this, the risk associated with these funds tends to be higher as well.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Debt_Funds\"><\/span>Debt Funds<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Bonds, securities, and Treasury Bills are the direct <a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/debt\">investments of debt funds<\/a>. They invest in several fixed income instruments, including Fixed Maturity Plans (FMPs), Gilt Funds, Liquid Funds, Short-Term Plans, Long-Term Bonds, Monthly Income Plans, etc. Passive investors who want regular income (interest and capital appreciation) without taking on significant risk can find these investments a great option since they come with a fixed interest rate and maturity date.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Money_Market_Funds\"><\/span>Money Market Funds<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">As with the stock market, investors also trade stocks in the money market, otherwise known as the capital market or cash market. By issuing money market securities, such as bonds, T-bills, dated securities, and certificates of deposit, the government runs it in partnership with banks, financial institutions, and other corporations. The fund manager invests your money, and dividends are paid out periodically. The risk of <a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/debt\/money-market-fund\">money market funds<\/a> can be considerably reduced if they are invested in a short-term plan (not longer than 13 months).<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Hybrid_Funds\"><\/span>Hybrid<b> Funds<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A <a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/hybrid\">hybrid fund<\/a> (Balanced Fund) combines stocks and bonds, bridging the gap between equity and debt funds. By distributing 60% of assets in stocks and the rest in bonds, it combines the best of two mutual funds. The ratio can be variable or fixed. Investing in hybrid funds is suitable for investors seeking higher returns on debt rather than sticking to lower-income schemes with low incomes.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Types_of_Mutual_Funds_Based_on_Investment_Goals\"><\/span>Types of Mutual Funds Based on Investment Goals<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Growth_Funds\"><\/span>Growth Funds<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Generally, growth funds allocate a substantial portion to stocks and growth sectors, suitable for investors (primarily Millennials) who have a surplus of cash to put into riskier (but potentially high-returning) plans or who are optimistic about the scheme.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Income_Funds\"><\/span>Income Funds<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In the family of debt mutual funds, income funds invest their money in various investments, including bonds and certificates of deposit. Historically, investors have earned better returns than deposits when income funds are created by skilled fund managers who keep the portfolio in ta with rate fluctuations without compromising its creditworthiness. A risk-averse investor with a 2-3 year outlook is best suited.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Liquid_Funds\"><\/span>Liquid Funds<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">As <a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/debt\/liquid-fund\">liquid funds<\/a> invest in debt instruments and money markets for up to 91 days, they also fall into the debt fund category. It is possible to invest up to Rs 10 lakh in liquid funds. A feature that sets them apart from other debt funds is how Net Asset Value is calculated. A liquid fund&#8217;s NAV is calculated for 365 days (including Sundays), while additional funds use only business days to calculate the NAV.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Tax-Saving_Funds\"><\/span>Tax-Saving Funds<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/equity\/elss\">Equity Linked Saving Schemes (ELSS)<\/a> have steadily gained popularity among investors in recent years. As well as offering the benefit of wealth maximization and tax savings, they come with a three-year lock-in period, which is among the lowest in the industry. They are best suited for salaried investors with a long-term investment horizon due to their emphasis on equity (and related products). These funds tend to generate non-taxed returns of 14-16%.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Aggressive_Growth_Funds\"><\/span>Aggressive Growth Funds<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A slightly riskier investment, the Aggressive Growth Fund is intended to produce steep monetary gains. While the fund is susceptible to market volatility, one can choose it based on its beta (the measure of how the fund moves compared to the market). An aggressive growth fund, for instance, would reflect a beta of 1.10 or higher if the market had a beta of 1.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Capital_Protection_Funds\"><\/span>Capital Protection Funds<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Capital protection funds protect the principle but offer comparatively lower returns (at best 12%). The fund manager invests part of the amount in bonds or CDs and the balance in stocks. Although the risk of loss is limited, it is advisable to continue investing for at least three years (at the end of the year) to protect your money.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Fixed_Maturity_Funds\"><\/span>Fixed Maturity Funds<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Many investors choose to invest at the end of the financial year to benefit from triple indexation, which lowers their tax liability. If you are not comfortable with debt market trends and their underlying risks, fixed-term plans (FMPs) provide an excellent alternative. This is because they invest in bonds, equities, money market funds, etc. FMP, being a closed plan, has a predetermined term that can vary from one month to five years (just like<a href=\"https:\/\/kuvera.in\/explore\/fixed-deposit\/c\/all\"> FDs<\/a>). The fund manager allocates the money to a similar maturity investment to receive the accumulated interest from the FMP at maturity.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Pension_Funds\"><\/span>Pension Funds<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Keep a portion of your income in a long-term pension fund of your choice so that your family can enjoy the benefits of accumulated wealth. A <a href=\"https:\/\/kuvera.in\/explore\/mf\/c\/all\/solution-oriented\/retirement-fund\">pension fund<\/a> can help you cope with any emergency (such as medical emergencies). Please don&#8217;t rely solely on your savings account for your golden years because it will run out (no matter how big). Consider schemes like employer pension funds.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Types_of_Mutual_Funds_Based_on_Structure\"><\/span>Types of Mutual Funds Based on Structure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">A mutual fund can also be classified by its risk profile, asset class, etc. Classification based on structure\u2013 open-ended funds, closed-ended funds, interval funds \u2013 is quite broad, and differentiation depends primarily on the ability to purchase and sell individual mutual fund units.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Open-Ended_Funds\"><\/span>Open-Ended Funds<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The number of units traded or a specific tenure are not constraints for open-ended funds. As a result, the unit capital continuously changes with new entries and exits. Investors can trade funds when it suits them and exit at the prevailing <a href=\"https:\/\/kuvera.in\/blog\/what-is-nav\/\">NAV (Net Asset Value)<\/a>. An open-ended fund can also stop taking in new investors if it cannot manage significant funds.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Closed-Ended_Funds\"><\/span>Closed-Ended Funds<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In <a href=\"https:\/\/kuvera.in\/blog\/what-is-a-close-ended-mutual-funds\/\">closed-ended funds<\/a>, the unit capital to invest is predefined. This means that the fund company cannot sell more units than agreed upon. Some funds also have a <a href=\"https:\/\/kuvera.in\/blog\/what-is-an-nfo\/\">New Fund Offer (NFO)<\/a> period, during which units can be purchased. Fund managers can choose any fund size for NFOs because they have a pre-defined maturity tenure. SEBI has therefore mandated investors have the option to either repurchase or list the funds on the stock exchange as a method for exiting the schemes.<\/span><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Interval_Funds\"><\/span>Interval Funds<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">These funds are open to purchase or redemption only during specific intervals (determined by the fund house) and are closed the rest of the time. In addition, no transactions will be permitted for at least two years. Investors can use these funds to save up a lump sum for a financial goal within three to twelve months.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Final_Word\"><\/span>Final Word<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Recategorization of mutual fund schemes by SEBI was announced on October 6, 2017. The move was made to bring uniformity as mutual fund houses had launched several mutual fund schemes. After this move, you may find it relatively easy to invest in mutual funds because investors select a mutual fund scheme that matches their investment and risk tolerance objectives. In this video, we have discussed <\/span>types of mutual funds <span style=\"font-weight: 400;\">based on structure, asset class, and investment goals. Let us know if you have any doubts in the comment section<\/span><\/p>\n<p>&nbsp;<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Interested_in_how_we_think_about_the_markets\"><\/span>Interested in how we think about the markets?<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>&nbsp;<\/p>\n<p>Read more: <a href=\"https:\/\/kuvera.in\/blog\/category\/zen-and-the-art-of-investing\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Zen And The Art Of Investing<\/strong><\/a><\/p>\n<p>Watch\/hear on YouTube:<\/p>\n<p>&nbsp;<\/p>\n<p><iframe loading=\"lazy\" title=\"Where to invest for one-year?\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/f7yfzUhQDiM?list=PLDSzQdT9nLmBFD2p94O5p2pZ4vEUR-Thz\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Start investing through a platform that brings goal planning and investing to your fingertips. Visit <a href=\"https:\/\/app.kuvera.in\/\"><strong>Kuvera.in<\/strong><\/a> to discover <a href=\"https:\/\/kuvera.in\/blog\/direct-plans-better\/\"><strong>Direct Plans<\/strong><\/a> and <strong><a href=\"https:\/\/app.kuvera.in\/explore\/fixed-deposit\/c\/all\">Fixed Deposits<\/a><\/strong> and <a href=\"https:\/\/kuvera.in\/user\/login\"><strong>start investing today.<\/strong><\/a><\/p>\n<p>#MutualFundSahiHai #KuveraSabseSahiHai!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ufeff &nbsp; In a mutual fund, a company collects money from many people and invests it in stocks, bonds, and other assets. Portfolios are the total holdings of stocks, bonds, and other assets the fund owns. Shares held by each investor represent these holdings. &nbsp; Mutual fund investors should know the types of mutual funds [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/what-are-the-types-of-mutual-funds\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":13324,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[99,822],"tags":[286,677,725,67,870],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What are the types of mutual funds? - Kuvera<\/title>\n<meta name=\"description\" content=\"Mutual fund investors should know the types of mutual funds available and their benefits. 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