Mutual FundsPurchase Price Redemption of Units Lock-in Period Average Maturity Floating Rate Funds Unit Trust
Sector Funds
These funds provide a way for investors to invest in a specific sector without having to choose individual companies themselves.
Sector Funds, also known as Sector Mutual Funds, are a type of equity fund that pools money from investors and invests it in businesses within the same sector or industry. This allows investors to focus on a particular sector without having to select individual companies. These funds offer a convenient way to diversify and potentially capitalize on the growth of a specific industry.
Related terms
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