Theme-based investments have played out well for investors so far this year. Barring banking and infrastructure, all other three categories, namely IT, FMCG and Pharma have given 19-26% returns so far this year.
Rather, these funds are the top three performers.
Information Technology based equity schemes are at the top, with average return of 25.07%. Though some of such schemes gave returns of as high as 28.51%.
FMCG, which in recent times is witnessing lesser attraction among fund managers, is at the second position with returns of 21.4% while those of pharma funds have made investors gain nearly 20%.
However, on the other hand, banking and infrastructure schemes continue to remain under pressure. Both categories are among the bottom with negative returns of 15-16%, as per the latest statistics available from fund tracking firm Value Research Online.
Large cap funds along with large and mid-cap funds have miserably performed and are no where near to the top performing categories. Large cap equity schemes have given 3.21% return while from large and mid-cap category, returns are pathetic at 1%.
