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  • News From Press The newest fad in mutual fund multiverse: Sectoral Funds. Here's why you should not over-invest in them

    The newest fad in mutual fund multiverse: Sectoral Funds. Here's why you should not over-invest in them

    Source: Business Insider Oct 12, 2024

    The deluge of funds in sectoral, or thematic funds continued unabashed in September, with investors pouring in Rs 13,254.63 crore via 183 schemes into this category, as AMFI data showed. In August too, investors had put in Rs 18,117.18 crore via 179 schemes here.

    The trend has been going strong since July, 2024, which saw sectoral funds garner Rs 18,386.35 crores via 174 schemes. In August, 5 new thematic funds were launched on the momentum, which raised Rs 10,202 crore. Last month saw the launch of 4 new sectoral schemes, which garnered around Rs 8,000 crore.

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