20 June 2022 1:15

Super-generic mutual fund type

What are the 3 types of mutual funds?

The 4 Types of Mutual Funds

  • Equity Funds. Stock funds are also called “equity funds.” They’re the most volatile, and their value can rise and fall sharply over a short time. …
  • Fixed Income Funds. Bond funds are also known as fixed income funds. …
  • Money Market Funds. …
  • Hybrid Funds.

What are the 6 types of mutual funds?

There are six common types of mutual funds:

  • Money Market Funds. Money market funds invest in short-term fixed-income securities. …
  • Fixed Income Funds. Fixed income funds buy investments that pay a fixed rate of return. …
  • Equity Funds. Equity funds invest in stocks. …
  • Balanced Funds. …
  • Index Funds. …
  • Specialty Funds.

Which type mutual fund is best?

Here’s the list of the five best mutual funds for SIP:

Fund Name 3-year Return (%)*
PGIM India Flexi Cap Fund Direct-Growth 20.13% Invest
Mirae Asset Emerging Bluechip Fund Direct-Growth 17.47% Invest
SBI Focused Equity Fund Direct Plan-Growth 13.58% Invest
Canara Robeco Bluechip Equity Fund Direct-Growth 14.24% Invest

How many types of MF are there?

Hybrid Schemes

1 Conservative Hybrid Funds A hybrid mutual fund investing predominantly in debt instruments
4 Multi-Asset Allocation Funds A scheme investing in 3 different asset classes.
5 Arbitrage Funds A scheme investing in arbitrage opportunities
6 Equity Savings A scheme investing in equity, arbitrage, and debt

Which type of mutual fund is best for beginners?

List of Mutual Fund for Beginners in India Ranked by Last 5 Year Returns

  • ICICI Prudential Equity & Debt Fund. …
  • Mirae Asset Tax Saver Fund. …
  • Canara Robeco Equity Tax Saver Fund. …
  • DSP Tax Saver Fund. …
  • Kotak Tax Saver Fund. …
  • Edelweiss Aggressive Hybrid Fund. …
  • Baroda BNP Paribas Aggressive Hybrid Fund. …
  • Canara Robeco Equity Hybrid Fund.

Which type of mutual fund gives highest return?

Who are these Funds Suited for?

  • Equity-based funds offer highly volatile returns compared to other types of mutual fund investments. …
  • Investors with a high-risk appetite and looking for long-term capital appreciation can benefit from such investments.

Which is the safest mutual fund in India?

List of Best Low Risk Mutual Funds in India Ranked by Last 5 Year Returns

  • IDFC Balanced Advantage Fund. …
  • DSP Dynamic Asset Allocation Fund. …
  • L&T Balanced Advantage Fund. …
  • Baroda BNP Paribas Conservative Hybrid Fund. …
  • Franklin India Debt Hybrid Fund. …
  • L&T Conservative Hybrid Fund. …
  • Motilal Oswal Dynamic Fund.

Which mutual fund is less risk?

List of Low Risk Mutual Funds in India

Fund Name Category Risk
Mahindra Manulife Arbitrage Yojana Fund Hybrid Low
Mirae Asset Overnight Fund Debt Low
BOI AXA Overnight Fund Debt Low
Axis Arbitrage Fund Hybrid Low

Which mutual fund is best for SIP?

List of Best SIP Funds in India Ranked by Last 5 Year Returns

  • Quant Active Fund. N.A. …
  • Parag Parikh Flexi Cap Fund. Consistency. …
  • PGIM India Flexi Cap Fund. Consistency. …
  • Quant Large and Mid Cap Fund. …
  • Mirae Asset Emerging Bluechip Fund. …
  • Quant Focused Fund. …
  • Canara Robeco Emerging Equities Fund. …
  • Edelweiss Large & Mid Cap Fund.

Which fund has the MOSt risk?

List of High Risk Mutual Funds in India

Fund Name Category Risk
Aditya Birla Sun Life Asset Allocator FoF Fund Other High
ICICI Prudential Regular Savings Fund Hybrid High
Sundaram Equity Hybrid Fund Hybrid High
Axis Gold Fund Other High

How can I be rich in 5 years?

How to become wealthy in 5 years: 14 strategies

  1. Become Financially Literate Through Self-Education.
  2. Spend Less, Earn More, Invest the Difference.
  3. Do Something You Love.
  4. Invest in Properties.
  5. Build a Portfolio of Stocks and Shares.
  6. Focus on Contemporary Areas of Growth.
  7. Be An Innovator.
  8. Do Quarterly Goals & Reports.