Thematic funds!

Several thematic funds have been launched by many AMCs in the last one year. The titles of these thematic funds are transport and logistics, housing, innovation and opportunities, business cycle, manufacturing, commodities, realty, special opportunities, new age automotive, tourism, metals, defense, quality, momentum and oil and gas. Invest wisely in these funds after careful consideration of the cyclicality & volatility aspects. The main problem with cyclical funds is they cannot be invested for the long-term.