Equity Funds
Equity Funds invest in group of stocks/shares. Once invested, the fund manager has got the liberty to change the stock allocation and book his profit or cut short his losses. Instead of the investor doing his research and deploying the investment, it is left to the fund manager to make the investment in the best interest of the investor.
Since stock market is subject to volatility, but creates huge wealth over longer duration, it is ideal for investors with investment horizon of 3 years plus.
Diversified Equity Funds
Large Cap Funds
Midcap Funds
Multicap Funds
International Funds
Theme Based Funds
Sector Funds
Fund of Funds
Index Funds
Tax Saving Funds
Exchange Traded Fund