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Why you should steer clear of new thematic funds There have been many new fund offers around themes and solutions in 2020. But such funds may not suit a common investor’s needs January 07, 2021 / 11:25 AM IST Many mutual funds (MFs) were on a money-raising spree in 2020. And they did so by rolling out new schemes. According to ACE MF, 50 equity new fund offers (NFOs) were launched. With the S&P BSE Sensex rising 84 percent between March and December of 2020, fund houses have been keen to capitalize on the rally. And what better way to attract investors than a new and exciting theme we hadn’t heard of before?

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