New Delhi, July 8 -- India's aggressive push towards E20 petrol has opened up a new investment theme across the automobile, EV, sugar, distilleries, oil marketing and energy sectors.

While the government's ethanol blending roadmap has gained focus, concerns about fuel efficiency, compatibility with older vehicles and overall performance continue to make headlines, with even a small drop in vehicle mileage drawing attention.

For investors, the bigger question is whether they should bet on the ethanol theme now or avoid it altogether.

Here's what experts have to say about the available opportunities in mutual funds and the key risks to consider.

Chirag Muni, Executive Director, Anand Rathi Wealth, says, "There is no pure-play ethanol mu...