An equity Fund is a mutual fund where predominately investment is being made in equities. As per SEBI guidelines, A fund is covered under equity fund category if 65 % or more value is invested in equities. Direct investment in equities is riskier so one should always prefer to invest in equities via mutual funds and in our view your first mutual fund investment should be through Equity Linked...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]