Which among the following mutual fund schemes would predominantly invest in equity shares?(1.0 Marks)Growth FundAIncome FundBLiquid FundCMoney Market Fund
Question
Which among the following mutual fund schemes would predominantly invest in equity shares?(1.0 Marks)Growth FundAIncome FundBLiquid FundCMoney Market Fund
Solution
The mutual fund scheme that would predominantly invest in equity shares is the Growth Fund. This type of fund primarily invests in stocks with an objective of long-term capital appreciation. They are suitable for investors who are willing to take relatively high risks for higher returns.
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