What does equity fund mean?
What does equity fund mean? Equity funds are those mutual funds that primarily invest in stocks. You invest your money in the fund via SIP or lumpsum which then invests it in various equity stocks on your behalf. The consequent gains or losses accrued in the portfolio affect your fund's Net Asset Value (NAV). Is equity and fund same? Investors in equity are dependant on their own knowledge of the market while mutual fund investors rely on the expertise of the fund manager to guide them. This is one of the reasons why only those investors with a high risk...