Now that you know the basic types of funds that are on offer, let us look at how they are further classified. Here we explain how funds are classified as actively and passively managed funds depending upon how they are managed by the portfolio manager. Besides, there are funds which diversify beyond asset classes such as equity, debt and invest in gold, commodities and even funds which invest across geographies called as international funds. To know more about these funds, view the second part of our short video on types of Mutual Funds.