Simplified Laws Guide to Taxation and Legal Concern
In continuation of my previous article, i have listed out the funds under Equity and Non-Equity categories.
Equity Funds
- Index Fund
- Large Cap Fund
- Small Cap Fund
- Mid Cap Fund
- Arbitrage Fund
- Sector Specific Fund
- Diversified Fund
- Open Ended Fund
- Close Ended Fund
- ELSS (Equity Linked Savings Schemes)
- Growth Fund
- Value Fund
- Dividend Yield Fund or Equity Income Fund
- Balanced Equity Fund
- ETF (if the underlying assets are equitys, for example Index ETF)
Non – Equity Funds
- Debt Fund
- Money Market Fund
- Liquid Fund
- Interval Fund
- Monthly Income Plan (MIP)
- Fund of funds (FOF)
- Gilt Fund
- Fixed Maturity Plans (FMPs)
- Balanced Debt Fund
- ETF (if the underlying asset is other than equity, for eg: commodity ETF)
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