HomeNewsBusinessPersonal FinanceShould you buy into India’s first pure-play active auto fund after 60% rally? A Moneycontrol review

Should you buy into India’s first pure-play active auto fund after 60% rally? A Moneycontrol review

Abhinav Kaul • May 17, 2024 / 10:26 IST

Consider investing in a sectoral fund such as SBI Automotive Opportunities Fund only if you hold a positive outlook on that specific sector or have reliable access to quality advice. For such funds, achieving profitability requires precise timing for both entry and exit.

The auto sector has been one of the best performing packs in India with Nifty Auto TRI rising 64 percent on a year-basis.

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