There are several categories of equity mutual funds. As per the risk-taking capacity of an investor, these mutual funds are segregated into various categories. If one invests wisely over a longer period of time, then one can achieve one’s financial goals very easily. This will also help one in prioritising one’s savings, income and making expenses in a proper way.
Here are seven different kinds of equity mutual funds where one can invest one’s money:
Large Cap Funds
Lap cap funds are the funds which comprise of blue-chips companies having large market capitalization. However, one should know that the criteria of being a large cap varies from company to company, which basically depends on the huge market capitalization.
