Types of Equity Mutual Funds

Equity mutual funds invest primarily in company stocks for long-term growth. Explore equity sub‑categories by market cap, sector and strategy below.

Equity Fund Sub-categories

Index Fund

Passively tracks a market index like the Nifty 50 or Sensex at a very low cost.

Flexi-Cap

Invests across large, mid and small-cap stocks with freedom to shift allocation.

Large-Cap

Invests at least 80% in India's top 100 companies for stable, steady growth.

Large & Mid-Cap

Balanced exposure to large-cap stability and mid-cap growth potential.

Small-Cap

Invests in emerging small companies — higher risk with high long-term potential.

Tax-Saving

ELSS funds that save tax under Section 80C with a short 3-year lock-in.

Mid-Cap

Invests in mid-sized companies (101st–250th) with strong growth potential.

Multi-Cap

Invests at least 25% each in large, mid and small-cap stocks.

Financial Services

Sector fund focused on banks, NBFCs, insurance and financial companies.

Focused

Holds a concentrated portfolio of up to 30 high-conviction stocks.

Consumption

Invests in companies riding India's growing consumer spending.

Value

Picks undervalued stocks trading below their true intrinsic worth.

Infrastructure

Sector fund investing in construction, power, roads and infra companies.

Healthcare

Sector fund focused on pharma, hospitals and healthcare companies.

Technology

Sector fund investing in IT and technology-driven companies.

Equity Long-Short Fund

Uses long and short positions to seek returns with managed risk.

Dividend

Focuses on companies with a strong record of paying regular dividends.

ESG

Invests in companies with strong environmental, social and governance practices.

Global

Invests in international stocks for geographic diversification.

Sector - Energy

Sector fund focused on oil, gas, power and energy companies.

Contra

Takes a contrarian bet on out-of-favour stocks expected to recover.

Equity Ex-Top 100 Long-Short Fund

Long-short strategy focused on stocks outside the top 100 companies.

FMCG

Sector fund investing in fast-moving consumer goods companies.

Others

Diverse equity funds that don't fall under a standard market-cap or sector bucket.