Use market rebound to prune exposure to thematic funds

Investors have allocated large sums of money to thematic and international funds over the 12 months to October 31. Data from the Franklin Templeton industry dashboard showed that sectoral and thematic funds accounted for ₹1.4 lakh crore or 40% of the total flows of ₹3.5 lakh crore to the mutual fund industry during this period.
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