Mutual funds are the future of investments that have captivated the Indian markets for last decade. These funds offer huge returns than the traditional saving plans albeit some risks that can be marginalized in schemes with SIP Mutual funds . Market, stocks, funds, equity, debt are some of the technical terms that newcomers must get involved in making their progress in the financial market respectively. Here we have narrowed down different types of mutual funds in India based on their multiple genres. On the basis of structure, funds can be open-ended, closed and interval funds as the name suggests have their specific use as preferred by the clients only. Open funds are ready to purchase throughout the year with more active regular monitoring while close-ended funds can only be purchased through the initial offerings and can be redeemed only after the maturity date or shares sold back at the current prices. On the other hand interval funds are mixed of both that have multiple