Mutual funds can meet the investment objectives of almost all types of investors. Younger investors who can take some risk while aiming for substantial growth of capital in the long term will find growth schemes (i.e. funds which invest in stocks) an ideal option.
Investors in the middle age can allocate their savings in balanced schemes (i.e. hybrid between equity & debt) and growth funds and achieve both income and capital growth. Older investors who are risk-averse and prefer a steady income in the medium term can invest income schemes (i.e. funds which invest in debt instruments). Investors having regular income/savings can adopt the Systematic Investment Plan (SIP) route to invest on a regular basis.
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