New to Mutual Funds? Tips for a beginner Money - III

Fund Candy

1. Diversified equity funds
2. Index funds
3. Opportunity funds
4. Mid-cap funds
5. Equity-linked savings schemes
6. Sector funds like Auto, Health Care, FMCG, IT, Banking etc.
7. Balanced funds for those who are not comfortable with 100% exposure to equity

If selected properly, these equity and equity-oriented funds have the potential to deliver returns that could be far superior to other asset classes.