Q.
What are sector specific funds?
Tags:
money,
sector specific
Asked by siddharth Paliwal,
06 Jan '12 01:04 pm
Earn 10 points for answering
Answers (1)
1.
Sectors specific funds invest in the securities of only those sectors as specificed in the offer documents.While these funds may give higher returns,they are more risky compared to the diversified funds.There are number of AMCs that have good schemes for sector specific fund.Reliance mutual fund,ICICI,HDFC are some of these.
Answered by mohit jagannath, 06 Jan '12 01:05 pm
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received