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.
Synopsis
We ask mutual fund advisors and financial planners every week for a list of frequently asked queries by their clients. This week we spoke to Subir Jha, Founder, BuckSpeak, a wealth management firm to understand what retail mutual fund investors should do about sectoral investments.
ETMutualFunds.com asks mutual fund advisors and financial planners every week for a list of frequently asked queries by their clients. This week we spoke to Subir Jha, Founder, BuckSpeak, a wealth management firm, based out of Hyderabad, to understand what retail mutual fund investors should do about sectoral investments.Questions asked by investors:Should we invest in sectoral funds to earn higher returns?Should we book profits and bet on
Synopsis
Banking sector funds are likely to go up after the budget 2021, experts say. The Development Financial Institution, increase in FDI in insurance and the PSE and PSB divestment will provide the much needed boost to the financial sector.
Banking sector funds are likely to go up after the budget 2021, experts say. The Development Financial Institution, increase in FDI in insurance and the PSE and PSB divestment will provide the much needed boost to the financial sector. The proposal to set up a bad bank to remove toxic assets is also aimed at improving credit flow in the banking sector. Overall, the budget saw a lot of push to the banking and financial services and it was