What are sector specific funds/schemes?
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Sector specific schemes specialize in investing in a particular sector by way of equity, debt or a combination thereof, depending upon the mandate of the fund. For an infrastructure fund, the fund manager will select stocks that have direct or indirect exposure to infrastructure or related sector of...
read more Sector specific schemes specialize in investing in a particular sector by way of equity, debt or a combination thereof, depending upon the mandate of the fund. For an infrastructure fund, the fund manager will select stocks that have direct or indirect exposure to infrastructure or related sector of the economy, to take advantage of any positive development in that sector. read less
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The funds or schemes which invest in the securities of only those sectors or industries as specified in the offer documents. e.g. Pharmaceuticals, Software,Petroleum stocks, etc.
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These schemes invest money in stocks under particular sector like IT, Pharma, Automobiles etc.
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