4 Best Mutual Funds to meet your Investment Objectives!
Channel: Shoonya by Finvasia
Date: 2023-01-17

Investing-oriented funds can be divided into four types:

Growth funds
-Under these schemes, money is invested primarily in equity stocks to provide capital appreciation.
-Since they are risky funds, they are also ideal for those who are looking for higher returns on their investments.

Income funds
-Under these schemes, money is invested primarily in fixed-income instruments e.g. bonds, debentures etc.
- And the main purpose is to provide investors capital protection and regular income.

Liquid Funds
-These belong to the debt fund category as they invest in debt instruments.
-The maximum sum allowed to invest is Rs 10 lakh.

Pension Funds
-This means putting away a portion of your income in a chosen pension fund for a long period to secure your and your family’s financial future after retiring from regular employment.
-You can even take care of most contingencies (like a medical emergency or a children’s wedding).

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