What is the difference between mutual fund and equity fund ?

A mutual fund is one that is owned by its investors. There is an investment manager, but the manager doesn't own the fund.

An equity fund is one that invests in the ordinary shares of companies.

Mutual describes who owns the fund. Equity describes what it is invested in. You can have a mutual fund that is also an equity fund.

nobody on this planet cares.......honestly.

Not all equity funds are mutual funds -- because some equity funds are restricted to private investors.

Not all mutual funds are equity funds, because some mutual funds invest in securities other than equity.

mutual fund means collecting money of different ppl and then put them in to shares for all ppl with the advice of a professional

on the other side equity are just like shares in which u had to invest money by your ownself

in both the cases money is being invested in shares but the way is different

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