There are funds that put their money into a certain business or market.
Unlike other equity funds, which invest in companies based on their size, sectoral funds invest in companies based on their industry/sector.
Telecom, infrastructure, pharmaceuticals, and other industries are examples.
Investors who have a thorough knowledge of a particular industry are advised to invest in sectoral funds.
It is not suitable for investors who are unfamiliar with a particular industry.
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