Do Mutual Fund policies include only equity scrips or it can be a mix of debt and equity?

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It can hold both…they are usually called balanced funds, for example check this -


Thanks Karthik… got one more question. can we decide how much to pump into debt and how much in equity or the fund specifies that? basically, i am talking abt the mix. can i say i want to invest 60% in eq and balance 40% in debt or the fund specifies these percentages?

If you want a custom split like 60-40, you can do it yourself by parking 60% in pure equity and the balance 40% in pure debt. However the balanced funds have a pre fixed ratio, which is dependent on the fund’s scheme.