Thematic Funds are gaining popularity, and there are a slew of new fund offers (NFOs) that are being launched in the category in February and March. Canara Robeco Manufacturing Fund, Kotak Technology Fund, SBI Energy Opportunities Fund are some examples. So what’s really happening in the space, what are thematic funds, and should you really invest in them?
To understand this in detail, CNBC-TV18 spoke to Anand Dalmia, Co-founder and Chief Business Officer, Fisdom, and Shweta Rajani, Senior VP & Head-MF, Anand Rathi Wealth.
Find out their answers to some key questions below:
Q. Canara Robeco MF has launched manufacturing focused fund, Kotak MF launched technology fund, SBI MF offered energy fund, what do you make of the big interest by mutual funds in thematic funds? Is it something that is coming because of some change in fundamentals?
Rajani: One you will see that out of the many thematic funds that are coming in, a lot of them …