Variety is the spice of life. At the same time, you do not seek variety just for the sake of it. Some variety is required simply because the situation demands it.
There are different Mutual Fund schemes for different purposes – to fulfil the different needs of different investors.
Let us look at the basic requirements of investments. An investor mainly needs a combination of four things:
(1) Safety of capital
(2) Regular income
(3) Liquidity
(4) Growth of capital invested.
There are Mutual Fund schemes available to serve these needs. Look at the table below to know more. (please make a same table like this as we don’t wish to disclose the source)