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Those betting big on thematic funds should be cautious. Thematic funds are high-risk investments even within the equity category. They bring in concentration risk where companies in one sector may sink or swim together
Investors need to be aware that aligning investments with a long term vision is key rather than thinking of short term returns, says Kaustubh Belapurkar, Director - Manager Research, Morningstar Investment
If an investor had started a SIP of Rs 10,000 per month 10 years ago in Mirae Asset Emerging Bluechip Fund, then today he/she would have generated Rs 40.52 lakh from this fund.
With the launch of Axis Global Innovation FoF, investors will have a new option to invest in foreign markets
Sectoral or thematic funds received 50% of inflow (Rs 1,705.14 cr) in open-ended equity-oriented schemes.
Investment by mutual funds in equities will continue in coming months seeing the increase in user growths as multiple fintech players are entering into this space, says an industry expert
"Financial services will continue to dominate the markets followed by FMCG companies and pharma companies"
Investors with a low-risk appetite for direct equities can invest in equities through mutual fund route via systematic investment plans.
Mutual funds are professionally managed by money managers and individual investors are allotted units based on the amount they invest and optimise the return
It is expected that the decision will bring accountability to the performance of the schemes that are dependent upon the key employees.