The energy sector holds promising prospects for long-term growth, particularly with the government’s increased focus. Investing in energy-focused mutual funds seems reasonable, but caution is advised, given that these funds are thematic and reliant on the cyclical movements within the sector.
ETMutualFunds also compared the performance of these 20 equity schemes with their respective benchmarks. Out of these 20 schemes, four schemes have failed to beat their respective benchmarks.