Supercharge your portfolio: Must-Know thematic funds for 2024
These thematic funds have been market superstars, boasting returns exceeding 90 per cent in just one year!
Calling all short-term investors (1-3 years)! Ready to supercharge your returns? Buckle up, because thematic mutual funds are about to become your new best friend. Forget the slow and steady approach – thematic funds focus on hot trends and specific sectors, aiming to deliver explosive growth!
This article dives deep into the world of thematic funds. We'll crack the code on what they are, how they work, and who should consider them. Plus, we'll help you pick the perfect thematic fund based on your risk tolerance. To sweeten the deal, we'll unveil the past performance of the top 10 thematic funds, giving you a roadmap to potentially skyrocket your returns!
Thematic funds might be your perfect match. Unlike traditional diversified funds, these funds target specific, hot-button themes like artificial intelligence, electric vehicles, or even space exploration. Think of them as sector-specific rocketships, aiming to blast off with explosive growth potential!
Let's break down the world of thematic funds:
What's the buzz about thematic funds?
Imagine a basket overflowing with stocks, all laser-focused on a single, red-hot theme. That, my friend, is a thematic mutual fund. Think "Healthcare Revolution" or "Fintech Disruptors." These funds capitalize on specific trends like artificial intelligence, robotics, or even the burgeoning space industry!
How do they work?
Thematic fund managers are like investment detectives, scouring the market for companies at the forefront of these exciting trends. By strategically combining these stocks within a single fund, they aim to amplify the overall growth potential of the chosen theme.
Are thematic funds right for you?
Thematic funds are ideal for investors with a higher risk tolerance. Unlike diversified funds that spread your risk across multiple sectors, thematic funds concentrate on a specific area. This can lead to higher potential returns, but also more volatility. Think of it as a double-edged sword – the thrill of the climb comes with the potential for a steeper drop.
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So, who should consider thematic funds?
Short-term Investors (1-3 years): Thematic funds can be a great option for those with a shorter investment horizon looking for potentially explosive growth.
Trend Spotters: Do you have a knack for identifying the next big thing? Thematic funds allow you to capitalize on your trendsetting instincts.
Risk-Takers: If you're comfortable with some portfolio turbulence in exchange for the chance of supercharged returns, thematic funds might be your perfect match.
Now that you're armed with thematic fund knowledge, let's unveil the top 10 performers in this exciting investment arena:
|
Scheme Name
|
Benchmark
|
NAV Direct
|
Return 1 Year (%) Direct
|
Return Since Launch Direct
|
Daily AUM (Cr.)
|
|
Aditya Birla Sun Life PSU Equity Fund
|
S&P BSE PSU Total Return Index
|
35.57
|
100.72
|
34.54
|
3,624.85
|
|
SBI PSU Fund
|
S&P BSE PSU Total Return Index
|
32.46
|
98.39
|
12.69
|
2,030.96
|
|
Invesco India PSU Equity Fund
|
S&P BSE PSU Total Return Index
|
66.84
|
91.92
|
17.95
|
900.07
|
|
ICICI Prudential PSU Equity Fund
|
S&P BSE PSU Total Return Index
|
19.96
|
88.92
|
54.84
|
2,471.80
|
|
HDFC Infrastructure Fund
|
S&P BSE India Infrastructure Total Return Index
|
46.78
|
82.65
|
13.56
|
1,750.90
|
|
Quant Infrastructure Fund
|
NIFTY Infrastructure Total Return Index
|
43.31
|
82.57
|
20.57
|
2,594.78
|
|
Bandhan Infrastructure Fund
|
S&P BSE India Infrastructure Total Return Index
|
52.28
|
80.08
|
16.99
|
1,099.13
|
|
Nippon India Power & Infra Fund
|
NIFTY Infrastructure Total Return Index
|
339.34
|
79.03
|
16.57
|
4,652.77
|
|
Franklin Build India Fund
|
S&P BSE India Infrastructure Total Return Index
|
141.48
|
76.15
|
23.09
|
2,251.55
|
|
Invesco India Infrastructure Fund
|
S&P BSE India Infrastructure Total Return Index
|
67.22
|
75.52
|
21.14
|
997.99
|
Thematic funds are not for the faint of heart. Always conduct thorough research, understand your risk tolerance, and consider seeking professional financial advice before diving in.
Disclaimer: The article is for informational purposes only and not an investment advice.
Do you find this article helpful in guiding your thematic mutual fund journey? If so, we'd love to hear from you! Leave a comment below with any questions or suggestions for future topics. We're here to empower you with the knowledge you need to make informed investment decisions.