A mutual fund that invests primarily (≥65%) in publicly listed company shares, aiming for long-term capital appreciation.
An equity fund allocates at least 65% of its corpus to equity and equity-related instruments — shares, convertible debentures, and equity derivatives. These are the most common type of mutual fund in India and are suited for investors with a 5–10+ year horizon.
An equity fund pools money from thousands of investors and buys a basket of stocks. When those stocks grow in value, your units grow too. The fund manager selects stocks based on the fund's mandate — large-cap, mid-cap, sectoral, or diversified.
At least 65% of the fund's corpus is deployed in equities at all times.
The fund manager picks stocks aligned with the stated mandate (growth, value, quality, sector).
NAV is calculated daily at market close based on portfolio market value.
Growth option reinvests dividends; IDCW option distributes payouts to investors.