Types of mutual fund schemes


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A wide variety of Mutual Fund Schemes exist to cater to the needs such as financial position, risk tolerance and return expectations etc. The table below gives an overview into the existing types of schemes in the Industry.

 

By structure:

a)      open-ended schemes

b)      close-ended schemes

c)      interval schemes

 

By investment objective:

a)      growth schemes

b)      income schemes

c)      Balanced schemes

d)      money market schemes

 

Other schemes:

a)      Tax saving schemes

b)      special schemes

c)      index schemes

d)      sector specific schemes


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