Looking for investment? Sector funds not always a safe bet - News Summed Up

Looking for investment? Sector funds not always a safe bet


Mumbai: While looking at mutual fund investment options, you might think that it is an easier bet to just pick a well performing sector that has delivered double-digit returns. What are sector fundsA sector fund is a mutual fund scheme that invests most of its corpus in equities of one particular sector. “So when you choose to invest in a sector fund, it is undoubtedly a case of ‘overweighting’ exposure to that sector," said Somaiyaa. After decoding the fund’s portfolio and risk profile, you can ascertain that these funds are of high risk value. Along with longer investment horizon, sector funds require expert advice.


Source: Mint April 20, 2019 01:41 UTC



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