HDFC Equity Opp Fund - Regular - Dividend

What are Growth mutual funds?

Growth mutual funds are a type of mutual fund that invests in companies that are expected to experience above-average growth in earnings, revenue, or both. These funds typically focus on companies that are in their early stages of development and have high growth potential, such as technology or healthcare companies.

The investment objective of growth mutual funds is to provide long-term capital appreciation by investing in stocks of companies that are expected to grow faster than the overall market. The fund managers select the stocks for the portfolio based on their analysis of the company's financials, management team, competitive landscape, and growth potential.

Growth mutual funds can offer investors the potential for high returns over the long term, but they also carry a higher degree of risk compared to other types of mutual funds. Investors should consider their risk tolerance and investment goals before investing in growth mutual funds. It's also important to review the fund's historical performance, fees, and investment strategy before making any investment decisions.