What are Equity Mutual Funds?

Milestoneglobal20 Jul, 2022Finance

Equity funds are called ?Equity' funds for a reason. These types of mutual fund schemes invest in stocks of different companies which then can provide you with a long term wealth creation tool like capital gains if the company does well over time. Mutual funds are a great way to invest money and profit from the growth of that money. One type of mutual fund is an equity fund. giving you the opportunity to make a large amount of profit over time, as long as they grow.