ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -They invest in various fixed income instruments such as Fixed Maturity Plans (FMPs), Gilt Funds, Liquid Funds, Short-Term Plans, Long-Term Bonds and Monthly Income Plans, among others.

Detailed explanation-2: -Most mutual funds fall into one of four main categories – money market funds, bond funds, stock funds, and target date funds.

Detailed explanation-3: -There are several types of mutual funds available for investment, though most mutual funds fall into one of four main categories which include stock funds, money market funds, bond funds, and target-date funds.

Detailed explanation-4: -Financial goals. Defining different financial goals is most important aspect to prepare an investment plan. Risk Appetite. Risk refers to an adverse financial outcome against your expectations. Asset allocation.

Detailed explanation-5: -Types of Mutual Funds. Equity Mutual Funds. Index Mutual Funds. Asset Allocation Mutual Funds. Target Date Mutual Funds. Commodity Mutual Funds. Environmental, Social and Governance (ESG) Mutual Funds.