Types of Mutual Funds

Mutual funds are a great way to diversify your investment portfolio. If you are planning to invest in them, you must first understand what they and their types are.

A mutual fund is an investment vehicle that pools money from multiple investors and invests it in securities like stocks, bonds, gold, and other financial assets.

What are mutual funds?


They carry higher growth potential. As most financial planners suggest, the younger you are, the more EMFs you should have in your portfolio.

Equity mutual funds 


They are some of the most popular mutual funds, for they are a safer investment than stocks. These funds invest in government and corporate debts.

Bond mutual funds


Money market funds are fixed-income funds that invest in high-quality, short-term debt from governments, financial institutions, or corporations.

Money market funds


Also referred to as asset allocation funds or balanced funds, these funds combine fixed-income and fixed-ratio investments, i.e., 60% stocks and 40% bonds.

Hybrid funds

Use mutual funds as leverage for your loan against securities at low rates. Meanwhile, earn dividends while you access an instant loan without credit check.

Loan Against Mutual Funds