Are Sectoral and Thematic Mutual Fund Schemes Different?

Mr. Suraj Sharma has obtained his Masters in Philosophy degree from University of Calcutta, India in the year 2022. He also completed his Masters in Commerce in the year 2019 from Prafulla Chandra College, affiliated under University of Calcutta, and cleared UGC-NET in the same year.

This book aims to study the Equity Sectoral and Thematic Mutual Funds, because it provides a decent diversification among the sectors, and also a better portion of investment in equity. The objective of this book is to study, whether there is any difference between the groups of mutual fund schemes in sectoral and thematic mutual fund schemes. The statistical tool which is used to perform this test difference is Analysis of Variance. The results stated that sectoral funds form one homogeneous group and thematic mutual funds form another homogeneous group exactly, as they were selected from the population, based on the assertion, that they belong to the particular classification. The study also revealed that apart from the homogeneous groups of sectoral and thematic funds, there is one more homogeneous group, which is common for sectoral and thematic mutual funds. Hence, it forms the main findings, that if an individual wants to diversify among sectoral and thematic funds truly, he/she must avoid that homogeneous group, to get the benefit of a true diversification.