19. Types of Mutual Funds!!

• Large Cap Funds: which seek capital appreciation by primarily investing in large CAP & Blue-chip companies.
  
• Mid-Cap Funds: which invest majority of their corpus in Small/Medium sized stocks.
  
• Opportunity Funds: which are on the lookout for capital appreciation and provide long term growth opportunities through investing in diversified equity portfolio, wherever fund managers seek opportunity.
  
• Value Funds: which focus on capital appreciation and growth through investing in undervalued stocks.
  
• Balanced Funds: allocate approx 60-65% of their assets to Equity and the remaining to Debt, thereby providing investors an opportunity to get exposure to two different asset classes within the same fund.
  
• Tax Saving Funds: which invest majority of their corpus in diversified stock portfolio. Provides benefit u/s 80C of the provisions of Income Tax Act, 1961 to investors for deduction of taxable income up to an investment amount of INR 1 Lakh.