Understand what equity mutual funds or equity funds, offered by mutual funds, are all about and develop an understanding on how to invest in mutual funds.
Equity mutual funds invest the money of investors in the stocks of companies.They typically have their own objectives, themes and investment strategies. Among mutual funds, this category has the highest risk.
At the same time, it has the potential of providing the highest rewards to investors compared to other alternatives over periods of 8-10 years or more.
In India, equity mutual fund schemes typically invest 65% or more of their money in stocks.
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