HDFC MUTUAL FUND
Types of HDFC Mutual Funds: A wide array of mutual funds is offered by HDFC Mutual Fund products for its customers, fans, patrons and investors. They vary from Fund of Funds (FOFs) schemes to liquid funds to regular debt and equity funds, amongst a wide range of other mutual fund products.
Mutual funds are created when several people who wish to earn wealth (investors) combine their resources to create a huge investable amount (corpus). This large corpus is then invested into various companies across industries, operating in different sectors of the economy – depending on the type of fund chosen. All the investors of a mutual fund share in its profits, losses, incomes, and expenses in direct proportion to their level of investment.