The category has offered around 17.25% and 17.68% in one year and year-to-date horizons respectively. Out of 14 schemes that have completed one year in the market, three schemes have offered more than 20%.
Kotak Mahindra Mutual Fund announced the launch of the Kotak Healthcare Fund. The scheme opened for public subscription on November 20, 2023, and will close on December 04, 2023.
A glimpse of this could be seen in the strong inflows in thematic/sectoral funds. Thematic/sectoral funds have garnered inflows of more than Rs 18,900 crore, so far in 2023.
The mutual fund schemes saw an inflow to the tune of ₹22,837 crore, next to only small-cap mutual funds and around 18 percent of the total equity inflows.