Thematic funds have seen a dramatic rise recently. Sectoral and thematic mutual funds attracted the highest inflows of ₹46,137 crore in FY24, according to AMFI’s data. Following this trend, in August 2024 alone, thematic funds recorded a net inflow of ₹18,117 crore, which made up 47% of total net inflows into equity schemes. There are … Read more
Radhika Gupta, MD & CEO, Edelweiss MF, says “we are telling people, do not switch your existing mid and smallcap fund holdings and pay a lot of tax, but at least put incremental money in multi-cap funds. Could a behaviour of this kind happen? Yes. So that could lead to a moderating of flows by … Read more
Trideep Bhattacharya, CIO, Edelweiss MF, says: “It will probably take the next year for that improvement to come through. But the valuations over the next one or two quarters would be such that they may be good to add. On net balance, we were underweight on IT by about 300 bps at the end of … Read more