Both toppers and losers in last week are from same mutual fund category. Check details
In the last week (Sept 1 to Sept 5), the toppers and the losers were from the same category - sectoral and thematic
Among the 577 funds in the said time period, the first 15 funds were sectoral and thematic and the last 13 funds were from sectoral and thematic category.
In the same time period, Nasdaq index gained the maximum of around 1.14%, followed by Nifty50 and BSE Sensex which gained 0.47% and 0.43% respectively. S&P 500 gained 0.32% in the same period. Dow Jones, Hang Seng, and DAX lost 0.31%,0.77%, and 1.83% respectively.
Nippon India Taiwan Equity Fund, a sectoral or thematic fund, gained the maximum of around 4.78% in the said time horizon.
DSP World Mining Overseas Equity Omni FoF and DSP US Specific Equity Omni FoF delivered a return of around 3.26% and 2.77% respectively in the same time period.
ICICI Pru Transportation and Logistics Fund and UTI Transportation & Logistics Fund offered a return of 2.42% and 2.37% respectively in the same time period.
Axis Greater China Equity FoF, a sectoral or thematic fund, lost the maximum of around 2.37% in the said time period.
Kotak Technology Fund, HDFC Technology Fund, ICICI Pru Technology Fund, and SBI Technology Opp Fund lost 1.71%,1.68%,1.66%, and 1.50% respectively in the same time period.
