Hello, according to different investment objectives, securities investment funds can be divided into growth funds, income-oriented funds and balanced funds. Growth funds refers to a securities investment fund that aims at pursuing long-term appreciation and profitability of assets, thus investing in listed stocks or other securities with good growth potential. Income fund refers to a securities investment fund whose basic goal is to pursue high current returns and whose main investment target is securities that can bring stable returns. Balanced fund refers to a securities investment fund with the basic goal of ensuring capital security, current income distribution and long-term growth of capital income, and paying more attention to the combination of long-term and short-term income and risk in the portfolio.