Mutual funds have become a favored investment option in India. Over time, various mutual fund schemes have been introduced to appeal to different investor profiles. However, the diversity of these schemes can sometimes cause confusion among investors. Successful investing demands a comprehensive and well-informed strategy to steer clear of potential mistakes. It begins with understanding the different types of schemes available. In this discussion, we will delve into Income Funds, exploring the different types of income funds in India, their benefits, and much more.