TYPES OF MUTUAL FUNDS SCHEMES
The objectives of mutual funds are to provide continuous liquidity and higher yields with high degree of safety to investors. Based on these objectives, different types of mutual fund schemes have evolved.
|
FUNCTIONAL |
PORTFOLIO |
GEOGRAPHICAL |
OTHER |
|
Open-Ended Event |
Income Funds |
Domestic |
Sectoral Specific |
|
Close-Ended Scheme |
Growth Funds |
Off-shore |
Tax Saving |
|
Interval Scheme |
Balanced Funds |
|
ELSS |
|
|
Money Market Mutual Funds |
|
Special |
|
|
|
|
Gilt Funds |
|
|
|
|
Load Funds |
|
|
|
|
Index Funds |
|
|
|
|
ETFs |
|
|
|
|
P/E Ratio fund |
