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An equity mutual fund is a mutual fund scheme that invests primarily in the stocks or shares of companies. They are also known as Growth Funds. Equity mutual funds can be categorized based on market capitalization, or how much an entire company’s stock is worth on the capital market. Large, Mid, Small, or Micro Cap Funds are all possible.
Additional classifications are Diversified and Sectoral/Thematic. Unlike the latter, which is limited to only one industry or subject, like infrastructure or infotech, the former invests in equities throughout the whole market range.
As a result, an equity mutual fund from Dani Mercantile effectively invests in business shares intending to give regular investors access to expert management and diversification.