Equity mutual funds pool money from investors to invest primarily in stocks(equity and related segment).
Recommended for long-term wealth accumulation though returns is not guaranteed.
Risk category - Very High
Types of equity mutual funds such as
Large-cap, mid-cap, small-cap, large-mid cap, multi cap, sector-specific, or thematic funds.
These funds carry very high risks associated with the stock market, including market fluctuations and individual stock performance.
Past performance of the fund doesn't guarantee future performance of the fund and the returns .
Investors can choose funds based on their risk tolerance, investment goals, and time horizon.
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