Energy & power funds are benchmarked against S&P BSE Oil & Gas Index, Nifty Infrastructure Fund, and Nifty Commodities - TRI which gave 13.63%, 22.95% and 20.93% respectively in five years. Pharma & healthcare funds are benchmarked against S&P BSE HealthCare - TRI, and NIFTY PHARMA - TRI which gave 20.75% and 16.51%, respectively.
We are witnessing a disruptive shift in the energy landscape given the market’s newfound love for all things “green”. The investors are falling head over heels whenever they are hearing the term “green energy”. And, rightly so! India’s investments in renewable energy have accelerated in recent years. The traditional energy sources such as hydrocarbon-based energy are being replaced by green energy like solar, wind & green hydrogen.