Equity funds are an important part of Mutual fund industry. Hera, investments are made in stocks of different companies. As this fund invests in stock, one needs to have good risk appetite as the risk level is quite high, but along with high risk it provides high return.
It is suggested that those who have started earning or are in early phase of their career, they should invest in equity funds as it can help them to achieve their future goals. Also, they have huge time span to digest the big risk appetite.
There are a number of schemes in equity fund which have different characteristics. The different schemes and their characteristics are discussed in below Info graph -