FUND SCHEMES
Equity Fund
Unlike debt funds, you have absolutely no assurance whatsoever on the principal, rate of interest or tenure when investing in equity funds. When you invest in equity, you are considered as the owner of the particular company that you have invested in, to the extent of your investment. So, naturally, like any owner, your profit is linked with the performance of the company. The higher the profits of the company, the better are the unit price and your gains.