Modern concepts include fungi in the kingdom Mycota. Mycota are divided into two divisions. Mixomycota and Eumycota. Margulis divided fungi into five phyla in modern taxonomy.
1. Zygomycota: Fungi of Zygomycota division are called zygote fungi. The best known fungi of this category are the Chhatala or Mond fungi. Most of them are terrestrial in nature and grow in soil, decaying plants or animal bodies. They produce zoospores and aplanospores. They produce zygospores during sexual reproduction. The number of species in this category is 1,050.
Some fungi- Rhizopus, Mucor, Blakeslea, Mortierella etc.
2. Ascomycota: Fungi of the Ascomycota division are called cyst fungi. Bag fungi are found everywhere in the world. They live as mythical creatures. Fungi like breaking yeast, fission yeast, morel, tafel etc. belong to this category. Sac fungi multiply by ascospores. The number of species in this category is 64,000.
Some fungi- Penicillium, Saccharomyces, Candida, Aspergillus etc.
3. Basidiomycota: Fungi of the Basidiomycota division are called mugur fungi. Mushrooms, jelly and shelf fungi, puffballs and stinghorn fungi belong to this category. Ecologically they are very vital as they decompose dead plants. They produce basidiospores. The number of species in this category is 30,000.