Many of these funds have delivered hefty returns over the past year: PSU (public-sector unit) funds averaged 89.9 per cent, infrastructure funds 63.6 per cent, and pharma-ceutical funds 51.1 per cent.
Drivers of high inflows
These funds are capable of giving higher returns than diversified funds. "When their past returns look attractive, a lot of money flows into them," says Renu Maheshwari, Sebi-registered investment advisor, co-founder and principal advisor, Finscholarz Wealth Managers.
In the case of diversified equity funds, fund houses can offer only one fund per category. However, for thematic categories, numerous funds can be launched targeting different market segments. The proliferation of new fund offers (NFOS) also helps fund houses garnerinflows.
Many investors have been drawn to certain themes and sectors because they believe in their potential. "The government's goal is to make India a $10 trillion economy by 2030. Currently, production-linked incentivedriven manufacturing and government capex-driven infrastructure are attractive themes," says Shaily Gang, head-products, Tata Asset Management.
High and quick returns
هذه القصة مأخوذة من طبعة May 08, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
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هذه القصة مأخوذة من طبعة May 08, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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