"See this piggy bank. Incubate the habit of Savings. A penny saved is a penny earned."
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Open your free Mutual Fund account
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Equity Mutual Fund Types
1. Multi Cap Mutual Fund: An open-ended equity scheme investing in large cap, mid cap, small cap stocks.
o Minimum investment in equity of large cap companies - 25% of total assets
o Minimum investment in equity of mid cap companies - 25% of total assets
o Minimum investment in equity of small cap companies - 25% of total assets
2. Large Cap Mutual Fund: An open-ended equity scheme investing in large cap stocks. The minimum investment in equity of large cap companies is 80% of total assets.
3. Large and Mid-Cap Fund: An open-ended equity scheme investing in both large cap and mid cap stocks.
o The minimum investment in equity of large cap companies is 35 percent of total assets.
o The minimum investment in equity of mid cap stocks is 35 percent of total assets.
4. Mid Cap Fund: An open-ended equity scheme investing in mid cap stocks. The minimum investment in equity of mid cap companies is 65 percent of total assets.
5. Small cap Fund: An open-ended equity scheme investing in small cap stocks. Minimum investment in equity of small cap companies is 65 percent of total assets.
6. Dividend Yield Fund: An open-ended equity scheme investing in dividend yielding stocks. Scheme should invest predominantly in dividend yielding stocks. The minimum investment in equity is 65 percent of total assets.
7. Value Fund or Contra Fund:
A value fund is an open-ended equity scheme following a value investment strategy. Minimum investment in equity is 65 percent of total assets.
A contra fund is an open-ended equity scheme following a contrarian investment strategy.
8. Focused Fund: An open-ended equity scheme investing in maximum 30 stocks. Minimum investment in equity is 65 percent of total assets.
9. Sectoral/Thematic: An open-ended equity scheme investing in a specific sector such as bank or power or FMCG is a sectoral fund. The minimum investment in equity of a particular sector or theme is 80% of total assets.
10. Equity Linked Savings Scheme (ELSS): An open-ended equity linked saving scheme with a statutory lock-in of 3 years with tax benefit. The minimum investment in equity is 80 percent of total assets.
11. Flexi-cap Fund: An open-ended equity scheme where the minimum investment in equity is 65% of the total assets. This fund can invest across large cap, mid cap as well as small cap stocks.