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A mutual fund is a proficiently managed type of joint investment and assets scheme. Mutual funds is collect money from many investors and invests it in stocks, short-term money market instruments or any related things like real estate. Do you know, worldwide mutual funds industries value is around $26 trillion.
In India mutual funds industry is increasing and people are showing their interest to buying and selling mutual funds. Now a day’s people are very interested to buy mutual funds as banks are not giving good interest.
There are various types of mutual funds. Mutual funds can be categorized into different kinds on the basis of their structure and objective. Let’s check types of mutual funds.
- Closed-end funds
- Open-end funds
- No load funds
- Exchange traded funds
- Large cap funds
- Mid-cap funds
- Equity funds
- Balanced funds
- Growth funds
- Value funds
- Sector funds
More on Top Mutual Funds in India