The booming stock market over the past year-and-a-half has made fund houses come out with new thematic/sectoral offerings to attract investors.
Special situations, business cycles, quant, Environmental, Social, and Governance (ESG) are already here and some new age ones like electric vehicles are round the corner. Some recent offerings include ABSL Business Cycle Fund, IIFL Quant Fund and ITI Pharma and Healthcare Fund. “Thematic funds are being launched to attract investors when markets are at all-time highs and investors are not comfortable making fresh investments in their ...
