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Thematic returns score over pure equity funds in past year, shows data

Pure equity funds, such as large-cap equity funds, have given returns of just 6.77 per cent in the past year

Illustration
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Only small-cap funds have managed to give higher returns at 12.11 per cent in the past year. Illustration: Binay Sinha

Chirag Madia Mumbai
Even as pure equity funds have borne the brunt of sharp correction in markets, sectoral funds have managed to give double-digit returns over a one-year period. Returns of thematic funds, such as public sector undertaking (PSU), infrastructure, consumption, and information technology (IT), fare well, compared to the large-cap fund category.

In the past year, thematic PSU funds on average have given returns of 17.75 per cent — the highest among all funds — reveals the data from Value Research.

Infrastructure funds and consumption funds have given returns of 14.21 per cent and 12.22 per cent, respectively.

Pure equity funds, such as large-cap equity

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