Punji Banao

Types of Mutual Funds?

Schemes Based on Maturity Period of

  1. Open Ended Funds
  2. Close Ended Funds
  3. Interval Funds

As I believe in keeping things simple and since my mission is to make investment assan for every one so i will not be making it complicated and i will be discussing more on open ended and close ended since this are the most preferred and sustainable.

  • Open Ended Scheme

Open Ended Scheme/Funds are those where a customer have the option of entry and exit as per their convenience. The Most preferable funds to invests are the open ended since there is liquidity + growth but it is not recommended for  short term investment I always prefer Mutual Funds for Long Term Investment. There are many Funds in Open Ended if you are planning to start Investing you should first of all decide your risk appetite and investment term as this two things are most important while starting a investment since in open ended you will get debt fund, equity, hybrid, and sectoral funds. So, according to your risk appetite and term of investment you can proceed with your investment if you want help in deciding you me contact us from (Contact us).

Let’s see some of the Open Ended Mutual Funds:

Debt Fund : Axis Liquid Fund, Axis Corporate Debt Fund, SBI Liquid Fund, SBI Saving Fund, SBI Corporate Bond Fund, SBI Dynamic Bond Fund, DSP Bond Fund, DSP Credit Risk Fund, DSP Short Term Fund, DSP Government Securities Fund, DSP Ultra Short Fund, DSP  Ultra Short Fund, DSP Liquidity Fund, DSP Savings Fund and many more.

 

Hybrid Fund : Axis Equity Hybrid Fund, Axis Balanced Advantage Fund, ABSL Equity Advantage Fund, ABSL Balanced Advantage Fund, ABSL  Equity Hybrid 95 Fund, ABSL Regular Savings Fund, DSP Equity & Bond Fund, DSP Equity Savings Fund, DSP Regular Savings fund, DSP Dynamic Asset Allocation Fund, Edelweiss Balance Advantage Fund, Edelweiss Equity Savings Fund, Edelweiss Aggressive Hybrid Fund, Kotak Equity Hybrid, Kotak Balanced Advantage Fund, Kotak Debt Hybrid Fund, Navi Equity Hybrid Fund, PGIM India Hybrid Equity Fund, PGIM India Balanced Advantage Fund, PGIM India Equity Savings Fund and many more.

 

Equity Fund : Axis Bluechip Fund, Axis Focused 25 Fund, Axis Flexicap Fund, Axis Multi cap Fund, Axis Mid cap Fund, Axis Small cap fund, Axis Triple Advantage Fund, ABSL Multicap , ABSL Flexi Cap Fund, ABSL Frontline Equity Fund, DSP Equity Opportunities Fund, DSP Focus Fund, DSP Top 100 Equity Fund, DSP India TIGER fund, DSP Mid Cap Fund, DSP Small Cap Fund, DSP  NRNE Fund, DSP Healthcare Fund. DSP Quant Fund, DSP Value Fund, Edelweiss Large & Mid cap Index Fund, Edelweiss Nifty 50 Index Fund, Edelweiss Nifty 100 Quality 30 Index Fund, Franklin India Bluechip Fund, Franklin India Flexicap Fund, Franklin India Equity Savings Fund, HDFC Flexi Cap Fund, HDFC Multi Cap Fund, HDFC Large and Mid cap fund, HDFC MID CAP OPPORTUNITIES FUND, HDFC Small Cap Fund, ICICI Prudential Multicap Fund, ICICI Prudential Large & Mid cap Fund, IDFC Flexi Cap Fund, IDFC  Large cap Fund, Invesco India largecap Fund, Invesco India Flexicap Fund, Invesco India Multicap Fund, Kotak India EQ Contra Fund, Kotak Equity Savings Scheme, Kotak Flexi Cap Fund, and many more.

 

These Funds are open ended funds their are many more funds which are not mentioned above since there are so many funds if you want details of any of the funds not listed above also you can contact us further or my write in comments for details.

I would like to bring forward the risk appetite of these funds as I regularly come across people want to invest but they are unable to make decision in which fund to invest, So I will try to make easy for you to decide it with an example :-

There was a Client named Raju he was a lower middle class person and for his livelihood he used to drive auto rickshaw he had family of five i.e Husband, wife, one daughter ,one son, and Mother he have a house of his father to live but nothing else since he was from a bihari family he always get stressed thinking about his daughter marriage and higher education since there is a very bad tradition in their society(You may know) so he asked how to plan so that he can get prepared. As his earning was not so high daily approx. 1000-1500 depending upon the business, So I asked him how much amount will be needed at the time of her Education or marriage he after thinking a lot very submissively informed minimum 20 lac then I asked him a question how much does it take today he answered 10-15 lac, So by this we came to conclusion that if today’s budget is 10-15 lac so after 20-25 yrs (since his daughter today is 2yrs of age) the budget will increase by 2-3 times if the inflation will be 5% so from this he got very upset, But the solution is very easy to save 50-60 lac of corpus for his daughter.

Solution, Raju will save 5000 Rs Monthly for his daughter through SIP in one or two funds of Equity Mutual Fund according to his risk appetite and with getting a return of 15% Annual Return he will be able to generate 75 lac of Corpus for his daughter when his daughter will ready for higher education or for marriage.

 

 

As Per this Calculation 5000 Monthly saving in SIP for 240 month with Return of 15% can generate a corpus of 7579000/- that’s is the power of compounding.

If you want to START A SIP you can click on the link and start now with pre defined templates https://api.wealthy.in/wealthyauth/dashboard/register/?rcode=rahul22767

You can also Subscribe to my Youtube Channel for more update https://www.youtube.com/c/RahulSharmaJsr

You can also join my telegram Channel https://t.me/punjibanao

 

My English is little bad kindly bear with me !

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