An equity fund is a mutual fund that invests principally in stocks.
It can be actively or passively managed.
Equity funds are also known as stock funds.
Equity funds are also categorized by whether they are domestic (U.S.) or international.
These can be the broad market, regional or single-country funds.
An equity fund is a special type of mutual fund,
that invests in common stocks, or equities, rather than bonds.
There are various ways of categorizing equity funds
Theme and Sectoral Funds
Focused Equity Fund
Contra Equity Fund