We are fetching your Credit Score
It'll take less than 60 seconds
A mutual fund is a financial instrument which draws money from a plethora of investors. This common fund is created with mutual contribution of multiple investors in a variety of assets and securities including debts, equities, government securities, liquid assets like funds, bonds, and others. Since all the gains, rewards, risks, profits, and losses resulting from or pertaining to this type of fund is shared by all the contributors according to their investment proportion, it is named as a mutual fund.
In other words, a mutual fund can be described as a trust having its own sponsors. Such funds are registered with Securities Exchange Board of India (SEBI) that is responsible for approving the Asset Management Company (AMC) that manages the fund. The trustees ensure that the fund is compliant with all the regulations set by SEBI.
The mutual fund investors are blessed with different types of investment opportunities based on their asset class, investment objective, and structure. Here are the different types of mutual funds in India:
|#Table Of Contents - Take Your Pick!|
Mutual funds can be segregated into the following types based on asset class:
Types of mutual funds based on the structure are detailed below:
On the basis of the investment objectives, there are 5 different types of mutual funds which are as follows:
As the name suggests, this type of mutual fund comes with the optimum chance of achieving sudden growth compared to other types of funds. The growth of these funds is really aggressive and its value increases at a quick speed. Investors who are investing in a mutual fund with an intent of getting very high returns mostly invest in this type of fund. But the risk factor associated with such funds is immensely high as there is a sudden spur in their growth. Funds which have a sudden rise in their price appreciation also lose their value at a high speed when the economy faces any instability or downfall. Persons planning to invest their money for a short tenure of 5 years with a long-term investment objective are the ideal ones to invest in this type of mutual fund. This fund is not recommended for investors with an objective of conserving capital and those who are not capable of taking the loss of their investment value.
In growth funds, upon investment, the growth receives higher returns. The investment portfolio will be a combination of small, medium, and large-sized corporations in the investment portfolio of the investor for making an investment in a big-scale stable corporation. But along with that, when you invest in a growth fund a small part of the funds will also be invested in a new small-scale startup. Also, since a growth fund is based on growth investment objective, the investment is made in the growth stocks. The profit derived from the fund’s growth is not paid to the investor as a dividend, instead, it is used to make further profits on the investment. Investors who hold on to the growth funds most often receive good returns on their investment.
Income funds capitalise on various fixed income securities and this is why these give a consistent income to the shareholders. Retired persons willing to derive regular income are the most ideal investors for this fund as they will get dividends on a regular basis. The investments in this type of fund are made in fixed deposits of companies, debentures, and several other securities which the fund manager thinks to be perfect to get regular income for the investor. In spite of being a stable investment option, the income funds come with moderate risk as any kind of price fluctuation or instability is likely to affect the prices of its bonds and shares. Such funds are also vulnerable to the inflation rate.
An amalgamation of the growth and the income fund, the balance fund has multiple investment objectives to achieve. This fund pays equal attention to providing the investors with ongoing income while offering them immense growth opportunity. It specifically targets to materialise multiple goals that the investors usually want to attain their investment. While the stability of such funds is low to moderate, its growth and income potential are moderate.
The main objective of money market funds is to maintain capital prevention. As such you need to be watchful and alert after investing in this type of fund. There is little chance of gaining profits in this sort of fund even though the possibility of producing higher interest rate than bank deposits is more. The risk factor associated with such funds is minimal. Also, the money market funds due to their high liquidity factor allow the investors to modify their strategy of investment whenever they want.
The price of one kilo pomfret is Rs.700; but you can start an SIP for just Rs.500. Invest now, eat more fish later!
Investing in mutual funds is a very popular option in India and this investment channel is getting more and more popularity due to the new funds and schemes that are launched in the market on a regular basis. Here are some of the vital reasons why people these days are more inclined towards investing in mutual funds:
Mutual funds welcome every type of investor for investing in various schemes. Some of the entities that are eligible for investing include Partnership Firms, QFIs, Non-Banking Financial Institutions, registered FIIs, Cooperative Societies, NRIs, HUFs, and PIOs. This is not a complete list, rather these are some of the most common types of mutual fund investors in India.
With so many mutual funds available in the market, it has become extremely easy for people to invest in such funds. The best thing is, there is no minimum limit in mutual fund investment. A person can invest as low as Rs.500 based on his/her financial condition and capability. Here is how you can invest in a mutual fund:
Due to several reasons, purchasing mutual funds online has become extremely easy these days. Here are the most vital reasons why the online method has become so popular among the mutual fund investors:
The fees of mutual funds are categorised into two different classes namely the annual operating fees and the shareholder fees. The operating fees of annual funds generally range between 1-3% and are levied as an annual percentage of the funds which are under management. On the other hand, the shareholder fees are charged in the form of redemption fees and commissions and are directly paid by the investors while buying or selling their funds.
The annual operation fees namely the management fee or the advisory fee along with its advisory costs are together known as the expense ratio. In other words, all these fees are summed up as the expense ratio of a fund. Apart from that, sales charge and commissions (also called a load of a mutual fund) is also calculated on the front-end or back-end. For example, fees for a mutual fund having front-end load are calculated after the purchase of the share, whereas, when the fund has a back-end load, the fees are calculated after the shares are sold by the investor or shareholder.
However, sometimes no-load mutual funds without any sales charge or commission are also offered by the investment companies. The companies directly allot these funds instead of taking help of any secondary party for this purpose. There are a few funds which levy fees and penalties for withdrawing the amount early.
As already told, a mutual fund is one of the most popular means of investment at present. This is an investment scheme which is focussed on collecting money from the investors and capitalising that pool of money in various investment capitals, bonds, shares, and equities. The investors in mutual funds receive individual portfolios of bonds, equities, and several other types of securities. As such, each and every shareholder indirectly participates in the losses and gains of this type of fund.
In mutual funds, investment is done in a number of securities which include bonds, stocks, financial market instruments and other assets. The funds are managed by professionals who skillfully plan the investments in order to generate income or capital gains for the investor. The portfolio of a mutual fund is designed to align with the investment purpose as mentioned in the fund prospectus.
Since a mutual fund makes investments in numerous securities, its performance is assessed on the basis of the alterations in its total market capital. This means the total cap of the fund is usually based on the overall performance of its internal elements. The units/shares of a fund can be bought or redeemed as per requirement at NAV or NAVPS (the net asset value per share). The total market value of the securities present in the portfolio is divided by the total amount of the outstanding shares to gather the NAV of any particular fund.
A mutual fund is not just an investment but it is actually like buying shares of an actual company. When an investor is investing in a mutual fund, he or she is actually purchasing a part of the company and its assets.
Mutual funds derive money from the investors and later make use of that money to purchase securities in the form of stocks and bonds. It is on the basis of the performance of the securities that the value of the company is decided. Hence, in other terms, it can be said that an investor, while buying a share of a mutual fund, is actually purchasing the portfolio performance as everything depends on the performance of the securities. Since a majority of the mutual funds contribute to a number of securities, the shareholders or investors get the benefit of diversification at an extremely low price.
For example, if you are an investor investing in just one particular stock right before the concerned company’s bad quarter, you are at a risk of losing all your money as your investments are made only in this single company. Whereas, if you plan to invest in the shares of a fund which owns a small part of a particular company then during the bad time of the company, you will lose only a fraction as the company that you have invested in is just a very meager part of the fund’s portfolio.
Mutual funds come with a set of specific goals and you can choose the funds based on your investment objectives. Your mutual fund investment objectives are taken into consideration by the manager of the fund while designing a fund portfolio and these objects act as the goals of the specific fund. Based on the purpose of investment the managers decide which bond and funds should be included in the fund portfolio and which should not be.
For example, an investor having the objective of gaining long-term capital appreciation along with fulfilling other economic targets including retirement and child's education in foreign institutes will be suggested to invest in the equity market.
The mutual fund companies are not real companies. Most of them have a virtual presence. These companies purchase plenty of stocks or bonds as suggested by the money manager or investment advisor. An expert firm or individual manages the portfolio of securities of an investor and is known as a fund manager. This person is hired by a board of directors and is responsible for allocating and managing the investments for deriving the best benefits for people who have purchased the shares. He or she also employs other persons having different skills and expertise to monitor the assets and decide the right time to sell them and gain profit. While some of the fund managers are the owners of the funds, some of them are not the owners.
It has been mandated by SEBI from 1 January 2013 that each and every mutual fund should be divided into two broad categories namely, the direct mutual fund and the regular mutual fund. Though these funds encompass the same scheme and are managed by the same fund manager in the same bonds and stocks, these have some differences which are as follows:
Drawback 1: No guaranteed returns
Similar to other investment options which don't assure a guaranteed return, there is always a risk of value depreciation in mutual funds. Price fluctuations are often experienced by equity mutual funds along with the stocks of the fund. Since mutual funds are not backed up by any insurance scheme, the performance of the funds are not guaranteed. It is thus extremely important for the mutual fund investors to understand that their investments will be subject to market risks.
For reducing the overall risk of investing in a mutual fund the investors need to be careful when picking the funds. It is better to capitalise on big well-diversified equity funds which come under low-risk mutual fund products. To reduce further risk, the investors can make a switch from equity funds to hybrid funds and balanced funds which have potentially low-risk margin. The risk can even out up to some extent by investing in funds capitalising on diverse asset classes like equity, debt, and gold. Moreover, investors who want to contribute money to any specific industry or in small or mid-cap funds should be cautious and must take the proper assistance of the fund managers who are capable of managing the risk.
Drawback 2: Non-invested cash
Since mutual funds collect money from a plethora of investors for their business, people keep on investing and withdrawing money from the funds on an everyday basis. Hence, to retain the ability to meet the withdrawal requirements of the investors, the mutual funds hold a huge amount of cash in their portfolios. Even though static cash is good for bringing more liquidity in the system, non-investment of a part of their money is not beneficial for the investors.
Though there are no ways of deriving profit from the non-invested cash in the mutual funds, the investors can make the best use of their money by making smart investment strategies. Capitalising in the right kind of mutual fund that will match their investment goals and bring good returns in future with low-risk margin is the best way to mitigate this mutual fund investment drawback.
Drawback 3: Mutual fund fees
Even though mutual funds give the investors/shareholders an opportunity of getting good returns, they have to pay the mutual fund fees which, in the long run, decrease the average payout of their fund. Regardless of whether the fund performed or not, these fees are levied on the fund investors. In cases where the fund doesn't derive any profit, these fees just increase the extent of the loss for the shareholders.
The investors must evaluate the fee structure of different funds before investing. It is extremely important to check the total cost of a particular fund prior to investing. If an investor is willing to invest in a fund with high annual fees, he/she must assess the justifiability of the fees first. New investors should invest in a low-cost company in the beginning before starting on a larger scale. Choosing funds with no-load, no/less annual fees or waivable fees, low MER index funds and ETFs can minimise the loss.
Drawback 4: Diversification versus Diworsification
Investors who acquire multiple related funds are not able to get benefitted by the risk-reducing factors of diversification. Rather, by investing in a large number of related funds the investors sometimes fall victim to the diworsification syndrome. Moreover, people investing in a fund which capitalise on one specific industry or sector is equally vulnerable and exposed to risk.
The investors need to be careful and well-informed while choosing the funds. They should focus on investing in a diversified mix of mutual funds instead of the mutually related ones to be on the safer side. The more diverse a fund would be, the risk of loss will be less. Furthermore, the investors should only invest in funds which capitalise on multiple sectors instead of investing in one single industry.
Drawback 5: Less clarity
Sometimes the purpose of a mutual fund might not be clear and transparent. Even in certain cases, the advertisements of the funds can be misleading. A mutual fund might try to attract the potential investors through its title. For example, it might promote itself at a grand scale but in reality, it might be investing in small-scale stocks.
It is important to read through the prospectus carefully and understand the intricacies of the fine print. There have been revamping of several schemes in the recent past and this was aimed at simplifying investing. Investors should be fully aware of the schemes they are getting into and have a clear idea of the role the fund will play in his/her portfolio.
The market is flooded with a wide variety of mutual funds each having its unique investment goals, growth as well as performance track. Hence, it is not easy to dip into the mutual fund ocean and pick out the gem that will make all your investment dreams come true. Before taking the decision of investing in any particular mutual fund, it is of utmost importance to check the attributes and benefits of all types of funds, compare them, monitor their performance, and then pick the most ideal one as per your requirement to gain the highest returns. Moreover, it is recommended that the investors should mix and match their investment options such as bonds, stocks, equities, etc. as per their individual preferences.
Here are some of the key points that you being an investor must be careful about while strategising your mutual fund investment:
Diversification in a mutual fund is considered as a very important aspect, it is not only the key to fund investment but it minimises the risk as well. Dividing the investment between funds which deal with a wide variety of bond, stocks, money market securities, and equities is an ideal thing to do as a sudden change in the market will not drastically affect the investment value then. This will not only keep the risk at bay but will bring a variety in your investment and increase the chances of getting higher returns. It is always good to diversify in the same kind of securities as after a long duration it is likely to bring good returns for the investor. In case any of the sectors where you have made your investments are going through a rough patch, diversification will reduce the loss.
People investing in mutual funds need to be careful about inflation as the performance of a fund is vulnerable to the rate of inflation. The money that you invest in the fund at present should be kept on hold and will be used by the money manager later whenever he/she will think it to be the right time to invest. But inflation is unpredictable and it can start rising high anytime without giving any prior notice. Hence, it is very important to keep the consequences of inflation under consideration while capitalising money in these types of funds. Even though several mutual funds in the recent past have gained popularity for retaining their value, due to inflation the profit outcome can be quite low.
The rise and fall of shares or stocks are unpredictable and there is no surety which stock will be rising tomorrow and which will fall day after. As such it is of extreme importance for all the mutual fund investors to maintain their patience and keep themselves ready to confront any loss caused due to market fluctuations. If you are not in need of quick money, don't worry in case the value of the funds go down. Understand that the stock market which is low today will be up again and at that time you can make a high profit from your investment. It is not necessary that an under-performing stock will remain the same always, the value can suddenly go high as well. So, keep calm and give the stocks enough time to recuperate the loss.
Investing in mutual funds brings a lot of profit when the investment is done for a very long period of time. This is the reason why young investors usually fetch a lot of profit from their investment. Contrarily, people who start investing at a relatively late age don't get much time to capitalise their investment resulting in lower profit margin. Moreover, investors who are nearing their retirement invest with an aim to safeguard their money from price drop due to market fluctuations. Hence, it is very important for the investors to keep their age under consideration while investing in the money market. There are various types and bonds and equities which the investor need to choose wisely while starting the investment.
To know how much you should invest in the fund stocks more precisely, you can deduct your age from 100 and kickstart your investment with the final figure. While you are supposed to allocate the resulting number in equities, the rest of the amount will go to the debt asset class. As the age of the investor will keep on increasing, the final allocation in equities will also decline to reduce the risk factor associated with such investments. Even though this rule works really well for the beginners, you should also consider your financial goals, the age of retirement, life expectancy, and risk profile while capitalising your money in mutual funds.
When you are deciding on the mutual fund that you want to invest in, you should consider your risk-taking ability as well. While investing don’t compromise with your capacity in the lure of profit gain as that might result in a loss in future. Moreover, if you are an investor nearing retirement first assess your capacity of bearing the cost of investment or loss if caused and then invest in the fund. Don’t be hasty in taking a decision, instead take a calculative decision. However, investors who are young in age have a lot of time in hand and can explore the market by taking risky investment decisions.
Case Study on Mutual Fund Investment
Suppose a girl of 24 years having a secured job with one dependant and monthly take-home salary of Rs.30,000 - Rs.40,000 with no knowledge of financial planning/investment wants to invest in a mutual fund. Before taking the final investment decision she has to know her investment objective, estimate her risk-taking capacity and understand her level of risk tolerance. The risk-assessment and asset allocation tools available online will help her in this process.
- Risk profiling
The tool will conduct the risk profiling on the basis of her age, current income, dependants, present job/career/business, accommodation status, overall income status, money-saving practices, level of investment knowledge, and risk-taking capacity.
- Risk analysing
On the basis of all the information provided, a girl of her age with given income and family status will be assessed to have a moderate level of risk-taking capacity and risk tolerance. This means she can invest in shares or securities with moderate associated risk.
- Asset allocation
Based on her risk profile, debt funds are likely to be the most secured and profitable asset classes to spread her investment. Both private sector and government debt funds will be suitable to bring some significant profit over a particular time period. Equity funds will also make a good choice for her provided that she capitalises in Equity Index mutual funds and Blue Chip Shares.
Mutual funds offer investors a wide range of benefits. The investor can choose to invest in desirable funds and derive profits as per his/her own requirements. However, the investor is responsible for making a wise investment strategy. He/she should try to minimise the risk especially by avoiding faulty investment practices and simple errors.
Investing with an expectation of unreasonable returns, investing in funds declaring dividends, and investing without knowing the underlying aspects are some of the investment errors, which if avoided, can lower the risk to a great extent. If you are patient, avoid making hasty decisions, and take calculated risks, mutual fund investment can bring you significant profit.
Some of the common terms related to mutual funds are as follows:
A mutual fund gives better returns even with small investment plans. Compared to banks and other investment options the possibilities of making a profit is more in such funds. Moreover, with mutual funds, you will get the flexibility to increase or withdraw the fund at any given time.
Mutual funds are subject to market risk. As your money is invested in various stocks, drop in the price of one or two stocks won’t affect you that much. Hence, the chances of deriving profit from mutual funds are quite high compared to other types of investments.
Yes, you can invest in a mutual fund any time without considering the state or condition of the market. The right time for investment should be based on your investment goals and not on the market condition.
Mutual funds are subject to market risk. But compared to all other types of investment plans mutual funds come with less associated risk with better returns.
Yes, updating KYC for your mutual fund is absolutely necessary for creating your portfolio. It is one of the basic requisites that you need to fulfill before starting the investment.
Once you fill your KYC form it gets stored in the system. Hence, you needn’t do KYC updation formality for each of your mutual funds.
Yes, you can update the KYC free of cost if you are doing it on your own. But if you approach any broker or agent for the same they might charge some amount to complete the process.
If you are investing directly then it will be free of cost. However, if you take the help of an agent then in most of the cases you have to pay a certain amount. But, there are some investment companies that allow investment in mutual funds free of cost as well.
Mutual fund schemes are different for each individual on the basis of the following vital parameters:
Depending on these 5 vital factors you need to choose the best mutual fund scheme for yourself.
Investing in a lump sum plan is a long-term option. If you have a substantial amount of money in hand then is better to opt for the lump sum investment method. Contrarily, if you are willing to invest less amount of money, then it will be better to go for a SIP. In other words, you should decide the best one on the basis of your financial status. However, SIP investment is the most popular and recommended method in mutual fund investment.
The good news is that there is no maximum amount fixed for SIP investment plans. This means you can contribute any amount to SIP plans of mutual funds and enjoy the best return in future.
Don’t worry even if you miss you SIP payment for a month. Your mutual fund account will still remain active. Just pay the missing month SIP installment along with that of the current month in the following month.
Yes, each and every mutual fund comes with SIP facility. You can either start with small amount SIP plan or contribute a lump sum amount in one shot. The SIP amount can also be increased whenever you want to.
Most of the mutual fund companies allow SIP starting from 6 months. So, you can plan accordingly and go for 6 months initially. For shortening the SIP maturity period you need to write to the company to stop the SIP before the next month SIP payment date. Post 6 months if you are contented with the outcome you can think about extending the period.
You just need to write to mutual fund company expressing your request to extend your maturity duration. It is better to go for the short duration of 6 months to 1 year in the beginning and when you are satisfied with the outcome you can go for an extension.
Investors can track the status of their investments online. Concerned experts will not only let you know the status of your investment but will also study the scope of your investment.
Yes, you can invest in mutual funds for a short duration of 3 to 6 months. For such short periods, you can either capitalise on liquid mutual funds or in ultra-short debt funds.
Yes, all mutual funds come with associated fees and charges. While there are some funds which don’t have any entry or exit load, an annual amount including distribution and service fees, management fees, and other administrative expenses are charged by all types of mutual funds.
Redemption of mutual funds can be done both online and offline. For redeeming your fund offline, you need to submit a duly filled Redemption Request Form along with the desired redemption amount to the office of the AMC or Registrar. The form also needs to be duly signed by all the other holders. Once done, the redemption amount will get credited to your bank account.
To redeem it online, log on to the 'Online Transaction' page of the mutual fund that you want to redeem and log into the same through your Folio/PAN number. Next choose the scheme, number of units or the desired amount and proceed with the transaction.
The redemption amount/proceeds will be sent to your registered bank account provided that you have given the IFSC code of the bank account. Moreover, the bank and the branch must have RTGS/NEFT facility to perform the transaction online. In case the fund house doesn't have complete details of your bank, you will receive the money in form of cheques.
The redemption amount for debt-oriented and liquid units will be paid to you within 1-2 working days, whereas for equity funds it will take up to 4-5 working days.
Mutual funds charge a type of fee referred to as the exit load when the investor redeems units from the scheme. This penalty is levied only until a certain holding is attained in the scheme. The exit load for equity schemes extends for longer durations (in comparison to that of debt funds and liquid funds), as such schemes are suited for long-term investments. Exit load is usually charged as a percentage of NAV, flat or even on a pro rata basis for various holding periods. It is advisable for investors to plan the redemption in such a way that they do not lose out on a major chunk of the returns through exit load.
The money that you will contribute to a mutual fund will be invested in various stocks. Hence, there are almost zero chances that the price of all the stocks will crash down at the same time unless a countrywide economic crisis arises. To minimise the investment risk it is recommended that you invest in a diverse mix of stocks and equities.
Investing in a mutual fund is simple. You first need to make your portfolio along with authentic KYC documents. In the next step, you have to buy the share or stock either from the company where you want to invest or from a broker/agent.
The rate of interest of a mutual fund depends on various factors. But, on an average, it ranges between 10% - 12%.
The mutual fund SIPs start from as low as Rs.100 and can extend to any amount of your choice. The amount is also based on the share you invest in.
In order to reduce the risk of being extremely dependent on one single fund, it is suggested that you spread your investment across two or three preferable mutual funds matching your investment goals. It is better to make a 60:40 split if you are investing in 2 funds and a 40:30:39 split if you have planned to invest in 3 funds.
Yes, you can invest in mutual funds even if you are an NRI. You will get all the details related to the fund in the offer document of the particular scheme that you are going to invest in.
Yes, you can make a nomination for your investments in mutual funds. The nominee can be appointed both singly and jointly. However, non-individuals such as trust, society, partnership firms, body corporate, power of attorney holders, and Karta of Hindu Undivided Family are not allowed to make a nomination for their units of a mutual fund.
If the mutual fund scheme is wound up, you will receive an amount based on the prevailing NAV after deduction of the expenses. A report containing all the necessary details about the winding process will be provided to you by the company before initiating the procedure.
A mutual fund despatches the dividend warrants to the unitholders within 30 days of the declaration of the dividend and the repurchase proceeds/redemption within 10 days from the day when the repurchase/redemption request was made by the investor.
If the Asset Management Company fails to pay the redemption/repurchase proceeds within the specified time period, it has to pay the interest(15% currently) according to the rule of SEBI at regular intervals.
If the poor result of a fund persists, you must consider replacing it with another fund. The poor performance of a fund doesn’t necessarily reflect the expertise and management skill of an AMC. Rather it implies that the individual performance of the fund is poor.
Yes, if you have invested in open-ended mutual fund schemes, you can redeem the units on any business day and collect an amount pertaining to the prevailing market value within 3-5 days. However, if you have invested in a close-ended scheme you can redeem the units only after the predetermined date of maturity. After redeeming you can sell the units like stocks in the secondary market.
You should consider changing your mutual fund investment plan with the advancement of age. When you grow old it is recommended that you opt for a more conservative investment approach removing some of the riskier funds from your investment portfolio.
You will get the name of the contact person to be approached in case of any complaint, query, or grievance in the offer document of the mutual fund scheme which you have invested in. Since the activities of a mutual fund are monitored by the trustees of the fund, the names of the directors and the trustees are also provided in the offer document. You can directly approach the concerned persons or the Mutual Fund/Investor Service Centre for redressal of your complaints. In case the complaint still remains unresolved, you can approach SEBI for solving your query or complaint. You can register the complaint online at the official website of SEBI.
A demat account has made life so much easier, especially when it comes to online trading. Gone are the days when you had to preserve physical statements and certificates when purchasing and selling stocks and shares. Now, all you have to is open a demat account and trading become as easy as ever. Here, you will learn about why a demat account is important to have if you wish to make investments with ease.
If you want to make investments in mutual funds but don’t have enough money to do so at one go, you can always consider systematic investment plans (SIPs). These plans allow you to systematically invest a small sum of money on a regular basis (usually monthly). However, to invest in the right funds, it is essential to know which funds are performing well and identify those that aren’t. This page will give you an insight into the best SIPs – be it investment in large cap funds, midcap funds, or multi cap funds.
nvestment in mutual funds comes with an element of risk. If you don’t know where you’re putting your money, your money may not be able to find its way back to you. It is essential to understand the performance of funds to make the right investment decisions.
Whether you’re looking for equity funds, debt funds, liquid funds, tax-saving funds, or any other kind, this page will help you identify the top performers in each segment and thereby make informed investment decision.