1. 'Mutual Fund'
An investment vehicle that is made up of a pool of funds collected from many investors for
the purpose of investing in securities such as stocks, bonds, money market instruments and
similar assets. Mutual funds are operated by money managers, who invest the fund's capital
and attempt to produce capital gains and income for the fund's investors. A mutual fund's
portfolio is structured and maintained to match the investment objectives stated in its
prospectus.
Schemes of Mutual Fund-
Open-Ended Schemes
close ended schemes
Interval Schemes
These combine the features of open-ended and close-ended schemes.
They may be traded on the stock exchange or may be open for sale
or redemption during predetermined intervals at NAV related prices.
(B) By Investment Objective
Growth Schemes
Income Schemes
Balanced Schemes Money Market / Liquid Schemes
Tax Saving Schemes (Equity Linked Saving Scheme ELSS)Index
Sectoral fund schemes.
Fixed Maturity Plan
Capital Protection Oriented Schemes
Quantitative Funds
Life insurance is a contract between an insurance policy holder and an insurer,
where the insurer promises to pay a designated beneficiarysum of money (the
"benefits") upon the death of the insured person. Depending on the contract, other
events such as terminal illness orcritical illness may also trigger payment. The policy
holder typically pays a premium, either regularly or as a lump sumLIC Schemes-
Schemes of LIC

2. Growth Plan (ULIP)
Retirement Plan (Pension)
Savings Plan (Endowment)
Children’s Plan
Protection Plan (Term)
'Asset Management Company - AMC'
A company that invests its clients' pooled fund into securities that match its
declared financial objectives. Asset management companies provide
investors with more diversification and investing options than they would
have by themselves.
AMC Schemes
List of Eligible scheme for MFSS (Refer latest NSE Circular for updated list)
AIG Global Asset Management Company (India) Private Limited
Axis Asset Management Company Limited
BNP Paribas Asset Management (India) Pvt. Ltd
Birla Sun Life Asset Management Company Limited
Canara Robeco Asset Management Company Limited
DSP Blackrock Investment Managers Private Limited
Deutsche Asset Management (India) Pvt. Ltd
Edelweiss Asset Management Limited
FIL Fund Management Private Limited
Franklin Templeton Asset Management India Pvt Ltd
Goldman Sachs Asset Management India Pvt Ltd