Mutual Fund

These funds allow investors to bypass intermediaries and purchase units directly from the fund house. This results in lower expense ratios and higher returns compared to regular plans. They are best for investors who prefer managing their own investments.

These mutual funds invest in short-term money market instruments, and provide high liquidity with relatively low risk. They are ideal for parking surplus funds for short durations. They are perfect for emergency funds or temporary investments.

Also known as Equity Linked Savings Schemes (ELSS), these funds offer the dual benefit of tax savings under Section 80C of the Income Tax Act and potential wealth creation. These funds come with a lock-in period, which is usually three years.

These mutual funds aim to replicate the performance of a specific market index. They are passively managed and typically have lower fees compared to actively managed funds. They are ideal for investors looking for a low-cost, long-term investment strategy.