Mutual funds can be generally categorized into four types: equity funds which mainly invest in stocks, fixed-income funds that focus on bonds and other debt securities, money
market funds investing in short-term debt instruments, and balanced funds which combine stocks and bonds for diversification.
6 answers
MysticStorm
Wed Jan 01 2025
Mutual funds are categorized broadly into four primary types.
KatieAnderson
Wed Jan 01 2025
Bond Funds are one such category, focusing on investing in various types of bonds.
PulseEclipse
Wed Jan 01 2025
Money
market Funds, on the other hand, invest in short-term debt instruments, offering stability and liquidity.
CryptoLordess
Wed Jan 01 2025
Target Date Funds are designed to align with a specific future date, often a retirement year, adjusting the asset allocation accordingly.
KpopMelody
Tue Dec 31 2024
Stock Funds invest primarily in equities, aiming for capital appreciation and long-term growth.