Such mutual fund schemes invest in the securities of only a specific sector or industry, as specified in the offer documents, e.g., Pharmaceuticals, Software, Fast Moving Consumer Goods (FMCG), Petroleum stocks, Information Technology (IT), Banks, etc. The returns in these funds are dependent on the performance of the respective sectors/industries. While these funds may give higher returns, they are riskier compared with diversified funds, investors need to keep a watch on the performance of those sectors/industries and must exit at an appropriate time.
How do I allocate the fund to my MF account on Fyers Direct?
How to invest in SIPs or a lump sum?
What is the Bank Mandate?
How do I add the BSE MF segment to my existing trading account?
How do I check whether BSE MF segment is enabled in my account?
If a mutual fund is closed, what happens to your invested money?