How many Types of Mutual Funds?
How many Types of Mutual Funds?
www.wealthhunterIndia.com, Call Us Now and get ahead financially: 9717033377, 9910089543
Wealthhunterindia.com is one of the leading financial services provider in India offering range solutions that meet various customer needs through various financial products like Mutual Fund, Insurance, Fixed Deposit, and Loans.
Started in the year 2003, Wealthhunterindia.com is today an established name in the financial service provider market of India.
Call Us Now and get ahead financially: 9717033377, 9910089542
www.wealthhunterIndia.com
How many Types of Mutual Funds?
Classification of Mutual Funds
Classification of Mutual Funds in India is done on the basis of their objective and structure. Classification of Mutual Funds in India has helped to categorize them into major types such as Funds of Funds, Regional Mutual Funds, Closed-End Funds, Large Cap Funds, and Interval Funds.
a. Open Ended Scheme: –
Open-ended schemes are those which do not have a fixed maturity period.
You can enter into or exit from the scheme at any time.
Buying and selling of units are related to the Net Asset Value (NAV).
Thus, open-ended schemes offer liquidity, and this is one of the key benefits
Close Ended Scheme: –
Close Ended Schemes are those that have stipulated maturity periods (ranging from 2 to 15 years).
You can invest directly in the scheme at the time of the initial issue and thereafter you can buy or sell the units of the scheme on the stock exchanges where they are listed.
The market price of the units could vary from the NAV of the scheme on account of demand and supply situations, investors expectations and other market factors.
One of the characteristics of close-ended mutual fund schemes is that they generally trade at discounts to the NAV; but closer to maturity the discount narrows.
How many Types of Mutual Funds?
Based On Structure Of Mutual Fund
Open Ended
Close Ended
Interval Funds
Debt Orient Mutual Fund
Hybrid Mutual Fund
Equity Orient Mutual Fund
Liquid Fund
Equity Orient Balanced fund
Diversified Growth Fund
Gilt Fund
Debt Orient Balance Fund
Sectoral Fund
Floating Rate Fund
Children Plan
Tax Saving Fund
Short-Term Bond Fund
Income Fund
Monthly Income Fund
How many Types of Mutual Funds?
