Personal Finance Mutual funds explained: Here are types of debt MFs and their benefits Updated : September 19, 2020 11:25 AM IST Debt mutual funds are considered to be less risky than equity investments. That is why many investors with low risk appetite prefer buying in debt securities. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.