An equity fund is a mutual fund that invests principally in stocks. It can be actively or passively (index fund) managed. Equity funds are also known as stock funds.
What is a Tax Saver FD? Tax saver fixed deposit is a type of fixed deposit by investing in which you can get tax deduction under section 80C of the Indian IncomeTax Act, 1961.
A balanced fund is another option for intermediate-term investors. Balanced funds, which are often called hybrid funds, own both stocks and bonds.
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