Which mutual funds invest in auto sector?
List of Equity – Sectoral Fund – Auto Funds
| Scheme | Sub Category | Invest |
|---|---|---|
| UTI Transportation & Logistics Fund-Reg(G) | Equity – Sectoral Fund – Auto | Invest |
| UTI Transportation & Logistics Fund-Reg(IDCW) | Equity – Sectoral Fund – Auto | Invest |
Which sectoral mutual fund is best?
6. Top 5 Performing Sectoral Mutual Funds
| Fund Name | 3-Year Return (%)* | |
|---|---|---|
| Tata Digital India Fund Direct-Growth | 41.24% | Invest |
| ICICI Prudential Technology Direct Plan-Growth | 42.31% | Invest |
| Aditya Birla Sun Life Digital India Fund Direct-Growth | 40.73% | Invest |
| SBI Technology Opportunities Fund Direct-Growth | 38.06% | Invest |
Are sectoral mutual funds good?
Sector mutual funds invest all their assets in a specific sector. They have the potential to give higher than benchmark returns. However, they are vulnerable to losses as well. They best suit investors with a good understanding of risk.
Which sectoral mutual fund is best for 2021?
IDFC Infrastructure Fund.
What stock sectors will do well in 2021?
2021 US sector outlook
- Communication. services. Financials. Materials. Consumer. discretionary.
- Health care. Real estate. Consumer. staples. Industrials.
- Utilities. Energy. Information. technology.
Are sectoral funds risky?
Sectoral funds carry significantly higher risk as they bet on the performance of a single underlying sector. Performance of such funds is cyclical in nature, and is more volatile compared to funds diversified across sectors.
Are there any mutual funds in the auto industry?
Popular Mutual Funds in the Auto Industry. There are few mutual funds that invest primarily in the automotive industry, although major auto companies such as Ford, Toyota, and General Motors are among the holdings of quite a number of mutual funds.
Are there any ETFs that invest in the auto industry?
An auto industry ETF is an exchange-traded fund (ETF) that invests specifically in the automobile industry. The EAFE Index is a stock index that serves as a performance benchmark for the major international equity markets as represented by 21 major MSCI indexes from Europe, Australia and Middle East.
What is an asset under management ( AUM )?
It is the Fund House or the company responsible for managing investors’ money, and in turn, all the MF schemes. What is an Asset under Management (AUM)? The money collected by an MF Scheme is invested across asset classes like stocks, debt Funds, gold and cash.
How is the NAV of a mutual fund calculated?
The dollar value of one mutual fund’s share, excluding any sales charges or redemption fees. The NAV is calculated by subtracting liabilities from the value of a fund’s total assets and dividing it by the number of fund’s shares outstanding. Close tooltip