Content providers - media and entertainment companies - too are expected to benefit in medium term as subscriber revenues go up, say analysts. "Improving sentiment in the Indian economy should boost the advertising revenues in next year," says Abhishek Jain, head of research, JHP Securities. However he further points out that many stocks in the media and entertainment space have run up sharply and are quoting at high valuations. In the short term there is limited upside in this sector.
Though these sector funds have done well, it is better to be prudent and allocate a small component of your money to them, if you understand the risks associated with a sector fund. Also invest with a minimum one to two year view. Reliance Media & Entertainment Fund has Rs 61.8 cr in assets and Sundaram Entertainment Opportunities Fund manages Rs 33.14 cr in assets.