Top 10 Thematic and Sectoral Funds of 2024:The top 10 thematic and sectoral funds of 2024 have performed brilliantly in the last 1 year. The returns of these funds in the last one year have been 46% to 56%. This is the reason why thematic and sectoral funds have become very popular among mutual fund investors. Keeping this in view, fund houses have also introduced many such funds this year, which focus on a particular sector or theme. The specialty of thematic and sectoral funds is that if the performance of their theme or sector is good, they are able to give very good returns to their investors.
10 thematic and sectoral funds giving highest returns
The top 10 funds falling in the category of thematic and sectoral funds have given returns ranging from 45.57% to 56.49% in the last 1 year. Most of these have given better returns than their benchmark.
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Top 10 Thematic and Sectoral Funds of 2024
1. LIC MF Infrastructure Fund
One Year Return (Direct Plan): 56.49%
One Year Return (Regular Plan): 54.75%
2. HDFC Pharma And Healthcare Fund
One Year Return (Direct Plan): 53.85%
One Year Return (Regular Plan): 51.93%
3. HDFC Defense Fund
One Year Return (Direct Plan): 50.62%
One Year Return (Regular Plan): 48.83%
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4. ICICI Prudential Pharma Healthcare and Diagnostics (PHD) Fund
One Year Return (Direct Plan): 50.42%
One Year Return (Regular Plan): 49.14%
5. LIC MF Healthcare Fund
One Year Return (Direct Plan): 48.61%
One Year Return (Regular Plan): 46.79%
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6. ITI Pharma and Healthcare Fund
One Year Return (Direct Plan): 47.69%
One Year Return (Regular Plan): 44.94%
7. UTI Healthcare Fund
One Year Return (Direct Plan): 46.78%
One Year Return (Regular Plan): 45.36%
8. Union Innovation & Opportunities Fund
One Year Return (Direct Plan): 46.69%
One Year Return (Regular Plan): 44.57%
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9. Bandhan Infrastructure Fund
One Year Return (Direct Plan): 46.08%
One Year Return (Regular Plan): 44.31%
10. SBI Healthcare Opportunities Fund
One Year Return (Direct Plan): 45.57%
One Year Return (Regular Plan): 44.04%
(Source: AMFI)
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How risky is investing in thematic and sectoral funds?
Even if thematic and sectoral funds can give huge profits, they also have more risk. This is the reason why these funds have been kept in the Very High risk category on the Riskometer. Although the risk can be reduced by investing through Systematic Investment Plan (SIP), there is every possibility that these funds will be affected by factors affecting the respective sector. That is why only those investors should invest in these funds, who want to invest for the long term and are ready to take more risk for higher returns.
(Disclaimer: This article is for information only. The past performance of any mutual fund does not guarantee that it will continue in the future. Before investing, please consult a SEBI registered investment advisor.)
