Mutual funds are divided into several kinds of categories, representing the kinds of securities they have targeted for their portfolios and the type of returns they seek. There is a fund for nearly every type of investor. Some common types of mutual funds are Equity Funds (Large cap / Mid cap / Small Cap, Flexi cap / Multi cap etc), Hybrid Funds (conservative / Aggressive / Arbitrage etc), ELSS Funds, Sector funds, Global Funds, Money market funds, alternative funds, Smart-beta funds, target-date funds, Funds of Funds etc.

This is known as a Systematic Investment Plan or SIP. On the contrary, if you have a significant chunk of money to invest, you can even make a lumpsum investment in a mutual fund. Many investors are confused which is better between to above two investment methods. Here is an article on SIP vs Lumpsum which will help you understand which is a better of the two.
Mutual funds aid you in realizing your life’s superior goals quite easily. In this video, we go through the different benefits of mutual funds that investors can capitalize on to grow their corpus and meet their financial goals.