Mumbai: Wealth managers are worried about high flows into sectoral and thematic funds at a time when benchmark indices are trading close to their all-time highs, as many of these schemes have narrow mandates and carry higher risk than diversified equity funds. Some sectors require timing for entry and exit, which retail investors lack, they … Read more
“Most investors are best served by investing into diversified equity funds, where fund managers will express their conviction on sector/themes stocks, with graded underweight/overweight calls,” says Kaustubh Belapurkar, Director – Manager Research, Morningstar Investment Research India Private Limited. In an interview with ETMarkets, Belapurkar said: “Don’t sell in panic, equity markets are a great long … Read more
Small-cap funds received a quarter of the total inflows into equity mutual funds in 2023, compared with just 2.5% in 2021. The average inflows into small-cap funds doubled on year to ₹3,419 crore in 2023. Synopsis In December, small-cap funds added more than 935,000 folios, or accounts, data from the Association of Mutual Fund of … Read more
