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by Square League


Why Thematic Mutual Funds stopped performing: what happened, what survives, what to avoid
HDFC Defence Fund’s latest factsheet, something stood out. Just a year ago, this fund was the poster child of thematic success posting nearly 129% 1-year returns! But alongside that was a beta close to 4 and a standard deviation of ~20%. In short: high reward, yes...but seriously high risk.

Kiran S N
Aug 13 min read
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