With a decline in inflows for sectoral and thematic mutual funds in April by 28%, market experts say that investors chase the hottest investment and when the interest fades away investors look for something better and with the inflow being so small of the total inflows, one should follow the trend of a longer horizon.
Rajesh Minocha, a Certified Financial Planner (CFP), Founder of Financial Radiance shared with ETMutualFunds that many investors tend to chase the hottest investment in the market, and when the glamour goes away, they look for something else which seems to have happened in this case as well, with sector funds seeing a decline in fund inflows.
