Further, the government is also widely expected to extend tax sops and incentives to more sectors and sub-sectors under the production-linked incentive scheme. In order to play on this theme, investors lapped up shares of the engineering behemoth, which is often viewed as India’s proxy to infrastructure development.
How investors can use thematic funds to boost portfolio returns
Thematic funds focus on investing in firms associated with particular long-term trends, aiming for potential alpha returns. They entail a greater concentration risk when compared