Advantages of Mutual Funds
- Professional Management
- Diversification
- Convenient Administration
- Return Potential
- Low Costs
- Liquidity
- Transparency
- Flexibility
- Choice of schemes
- Tax benefits
- Well regulated
Types of Mutual Fund Schemes
By Structure
• Open - Ended Schemes
• Close - Ended Schemes
• Interval Schemes
By Investment Objective
• Growth Schemes
• Income Schemes
• Balanced Schemes
• Money Market Schemes
Other Schemes
• Tax Saving Schemes
• Special Schemes
Index Schemes
Sector Specific Schemes
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