What are the different types of mutual funds

Mutual funds combine the capital of numerous investors to purchase a range of securities. Expert investors choose which investments to buy and sell. A qualified fund manager manages this combination of investments; the fund's assets and objectives are described in the prospectus.
The Different Types of Mutual Funds are
Equity Funds, Debt Funds, Money Market Funds, Hybrid Funds, Growth Funds, Income Funds,Liquid Funds, Tax-Saving Funds, Aggressive Growth Funds, Capital Protection Funds, Fixed Maturity Funds, Pension Funds.
Investors can research specialist mutual funds designed to fulfill particular financial goals. These include industry-specific funds focusing on sectors like healthcare or technology.