Mutual funds pool money from investors to invest across equity, debt, gold/silver, or international markets, managed by professional fund managers. Fynmate helps you understand the categories available and choose an approach that fits your financial goals.
⚠️ Important Notice
Fynmate is not a SEBI Registered Investment Adviser (RIA). We may act as a mutual fund distributor. The information on this page is general educational content about fund categories, not personalised investment advice or a recommendation to buy any specific scheme. Please consult a SEBI-registered investment adviser for advice tailored to your financial situation.
Types of Mutual Funds
Five broad categories, each with several sub-types suited to different goals and risk appetites.
Explore Mutual Fund Types
Each fund type has its own dedicated page with detailed sub-types.
Equity Funds
Large Cap, Mid Cap, Small Cap, Flexi Cap, ELSS & more
Debt Funds
Liquid, Short Duration, Corporate Bond, Gilt Fund & more
Hybrid Funds
Aggressive Hybrid, Balanced Advantage, Arbitrage & more
Gold & Silver Funds
Gold ETF, Gold FoF, Silver ETF, Silver FoF
International / Global Funds
US-focused, Emerging Markets, Global Thematic & more
SIP Calculator
SIP Calculator
Estimate the future value of a monthly SIP — works for any fund type above, just adjust the expected return to match.
This is an illustrative estimate assuming a constant annual return, compounded monthly. Actual mutual fund returns fluctuate and are not guaranteed.
How Mutual Funds Are Taxed (FY 2025-26 / 2026-27)
A general summary of current capital gains rules. Tax laws change with each Union Budget — always confirm current rates with a tax advisor before making a decision.
| Fund Category | Short-Term | Long-Term |
|---|---|---|
| Equity Funds (≥65% equity) | 20% (held ≤12 months) | 12.5% on gains above ₹1.25 lakh/year (held >12 months), no indexation |
| Debt Funds | Bought before 1 Apr 2023: Taxed as long-term capital gains at 20% with indexation if held >36 months, otherwise at your slab rate. Bought on/after 1 Apr 2023: Taxed at your slab rate regardless of holding period — no LTCG/STCG distinction, no indexation. | |
| Hybrid Funds | Taxed as equity if ≥65% equity allocation; taxed as debt/specified fund otherwise | |
| Gold / Silver Funds | Bought before 1 Apr 2023: Taxed as long-term capital gains at 20% with indexation if held >36 months, otherwise at your slab rate (the older gold/debt-fund rule). Bought on/after 1 Apr 2023: Historically taxed at slab rate regardless of holding period as a "specified mutual fund"; recent Finance Act changes have moved some of these toward a 12.5% long-term rate (without the equity exemption) after a longer holding threshold — this area has changed more than once, so please confirm current treatment with a tax advisor. | |
| International / Global Funds | Bought before 1 Apr 2023: Taxed as long-term capital gains at 20% with indexation if held >36 months, otherwise at your slab rate. Bought on/after 1 Apr 2023: Historically taxed at slab rate regardless of holding period as a "specified mutual fund", with the same recent shifts as Gold/Silver funds above — confirm current treatment with a tax advisor. | |
Rates shown exclude applicable surcharge and 4% Health & Education Cess. A 10% TDS applies on dividend (IDCW) payouts exceeding ₹10,000 per fund house per year (Section 194K). ELSS funds qualify for up to ₹1.5 lakh deduction under Section 80C (old tax regime) with a 3-year lock-in. 1 April 2023 is the cutoff introduced by the Finance Act 2023 for "specified mutual funds" (funds with under 35% domestic equity, which includes most debt, gold, silver, and international funds) — units bought before that date keep the older indexation-based rule even if sold now. Gold, Silver, and International fund taxation specifically has been revised more than once since — treat the summary above as a starting point for discussion with a tax advisor, not a final answer.