What is Equity Fund?
What is Equity Fund?
A stock fund or equity fund is a fund that invests in stocks, also called equity securities. Stock funds can be contrasted with bond funds and money funds. Fund assets are typically mainly in stock, with some amount of cash, which is generally quite small, as opposed to bonds, notes, or other securities.
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
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How should you invest if you are a millionaire?
How can you create wealth steps to be taken?
STEP 1
•Build an Emergency Fund.
•Know Your Cash Flow.
•Pay Down Debt.
•Define Goals.
•Understand The Basics.
STEP 2
•Start Saving Early, Start invest regularly.
•Save Regularly through SIP, RD, Insurance, FD, Bonds.
•The longer you save, the more you make.
•Save in the Right Asset Class and Right Allocation.
•This will dictate how much wealth you create in the end.
•Even a Small Amount Saved Regularly, Is Great start.
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