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  • News From Press Sectoral, thematic funds: Investors should avoid extrapolating past returns

    Sectoral, thematic funds: Investors should avoid extrapolating past returns

    Source:BS Nov 25, 2023
    Sectoral, thematic funds have received strong inflows worth Rs 11,848.4 crore over the past three months. On October 31, these funds had assets under management (AUM) of Rs 2.18 trillion.  
    NFOs, strong returns attracting flows  
    Recently several sectoral/thematic new fund offers (NFOs) belonging to diverse sectors such as innovation, transportation, logistics, consumption, and technology were launched. “Investors get drawn to seemingly exciting opportunities which these funds often represent,”...
     
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