An equity mutual fund is a type of mutual fund that primarily invests in stocks or equities. These funds pool money from multiple investors and invest it in a diversified portfolio of stocks, with the aim of generating capital appreciation over the long term. Equity mutual funds can focus on various types of stocks, including large-cap, mid-cap, small-cap, or a combination thereof, depending on their investment objectives and strategies.
Mid-cap funds are a type of equity mutual fund that invests in the stock of mid-sized companies.
According to the norms,
companies that are ranked from 101 onwards till 250 based on their market capitalization,
are categorized as mid-cap companies.
Typically a company that has a market capitalisation of less than Rs. 5,000 crore is normally classified as a small cap company.
Funds that are dedicated to investing in such small cap companies are called small cap funds.
Large Cap funds are the kind of equity funds that invest major proportion of their assets under management (AUM)
in equity shares of companies with a large market capitalization, such as Britannia ITC, HUL, and more.
These companies that fall under this bracket are are known to have a high reputation in the market.
Flexi-cap funds are those funds which invest in companies across the market capitalisation spectrum,
i.e. large-cap, mid-cap, and small-cap stocks.
These funds invest in the stocks of all the large-cap, mid-cap, and small-cap companies.
As the name suggests,
a Multicap fund invests across large, mid, and small cap companies
thus offering diversification across market caps in its portfolios.
Tax saving mutual funds like ELSS are similar to any other mutual fund scheme with an added advantage of saving tax.
These funds help investors (Individual and HUF) save taxes under Section 80C of the Income Tax Act, 1961.
Investing in ELSS qualifies for a tax deduction of up to Rs. 1.5 lakh.
Debt mutual funds are a type of mutual fund that primarily invests in fixed-income securities such as government bonds, corporate bonds, money market instruments, and other debt instruments. Unlike equity mutual funds, which primarily invest in stocks, debt mutual funds focus on generating income for investors through interest payments and capital preservation rather than capital appreciation.
Image of Stoping barni converting It To SIP
Best ever Tool For Wealth Creation And Achieving Your Goal Like Hosue Car Marriage And Education Retirement
Fill the contact Form
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia Curae; Sed ut fermentum libero, et hendrerit tellus. Nullam nec varius purus. Sed dictum hendrerit nisl, non efficitur dolor iaculis eu. Fusce
We'll Call You
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia Curae; Sed ut fermentum libero, et hendrerit tellus. Nullam nec varius purus. Sed dictum hendrerit nisl, non efficitur dolor iaculis eu. Fusce
Fill the contact Form
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia Curae; Sed ut fermentum libero, et hendrerit tellus. Nullam nec varius purus. Sed dictum hendrerit nisl, non efficitur dolor iaculis eu. Fusce
We'll Call You
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia Curae; Sed ut fermentum libero, et hendrerit tellus. Nullam nec varius purus. Sed dictum hendrerit nisl, non efficitur dolor iaculis eu. Fusce
Navigating Your Financial Future with Expertise, Innovation, and Trust. Your Partner in Prosperity and Success.
© 2024 Allow Pocket. All Rights Reserved.
Made by Webnomatics