Equity funds aim for capital growth by investing in stocks, making them ideal for investors with a higher risk tolerance and a long-term focus.
Money market funds invest in short-term, high-quality debt instruments to offer low-risk income and stability.
Balanced funds combine stocks, bonds, and other securities to offer a moderate risk level while aiming for growth and income.
Index funds replicate the performance of a specific market index and are known for their low fees and passive management.
Sustainable or Ethical funds invest in companies that align with environmental, social, and governance (ESG) criteria.
Bond funds provide steady income and stability by investing in government and corporate bonds, making them ideal for risk-averse investors.