Types of mutual fund schemes...

Based on investment objective mutual fund schemes can be classified into three broad categories:

• Equity Funds,
  
• Debt Funds and
  
• Balanced Funds.

Equity Funds invest in equity shares of companies available in stock market. Within equity funds there can be diversified equity funds, sector funds, ELSS funds, index funds etc.

Debt Funds/Income Funds invest in fixed interest bearing instruments like bonds, debentures, government securities, treasury bill, certificate of deposits, commercial paper etc issued by corporates and government.

The combination of above two is Balanced Funds, which take minimum of 65% exposure to equity shares and remaining 35% in debt instrument.

Hey there are other types in Mutual Funds like Liquid Funds and Fixed Income Fund

I know so many types of mutual funds like liquid funds, fixed income funds,Equity Funds, provident funds.. And for morre details about this funds visit once : http://www.dspblackrock.com/product/opportunities-fund.asp