MUTUAL FUND SCHEME CLASSIFICATION
Mutual funds come in many varieties, designed to meet different investor goals. Mutual funds can be broadly classified based on –
Organisation Structure – Open ended, Close ended, Interval
Management of Portfolio – Actively or Passively
Investment Objective – Growth, Income, Liquidity
Underlying Portfolio – Equity, Debt, Hybrid, Money market instruments, Multi Asset
Thematic / solution oriented – Tax saving, Retirement benefit, Child welfare, Arbitrage
Exchange Traded Funds
Overseas funds
Fund of funds
Management of Portfolio – Actively or Passively
Investment Objective – Growth, Income, Liquidity
Underlying Portfolio – Equity, Debt, Hybrid, Money market instruments, Multi Asset
Thematic / solution oriented – Tax saving, Retirement benefit, Child welfare, Arbitrage
Exchange Traded Funds
Overseas funds
Fund of funds