LIC MF Banking & Financial Services Fund has lost the most at around 5.31% year-to-date (YTD) so far. Meanwhile, Tata Banking & Financial Services Fund has lost around 5.28%.
Sectoral, thematic schemes corner one-sixth of equity flows thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Bandhan Financial Holdings set to acquire Aegon Life Insurance Company thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Some banking and finance sector funds are actively managed. Among passive schemes, some track Nifty Bank Index, Nifty PSU Bank Index and Nifty Private Bank Index.
Four ETFs, a money market fund, multi cap fund, sectoral fund and a thematic fund are open for subscription in the market. Should you invest in these new fund offers to maximise returns from your mutual fund portfolio?