Sector - Technology

Gaining High Worth of Capital Made Easy with Tech Mutual Funds
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Recommended Funds  
Scheme Name Category Nav Return(%) Rating Analysis Amount Action
Aditya Birla Sun Life New Millennium Fund (G)
Fund Recommended for Investment by Experts
Category Sector - Technology Nav 49.94 Return(%)3 Yr. 14.91
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SBI IT Fund (G)
Fund Recommended for Investment by Experts
Category Sector - Technology Nav 59.11 Return(%)3 Yr. 9.35
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Tata Digital India Fund (G)
Fund Recommended for Investment by Experts
Category Sector - Technology Nav 13.89 Return(%)3 Yr. N/A
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Technology Mutual Funds - A sector dedicated advancement and innovation

With the mere mention of the word technology, an array of images comprising of cellphones, laptops, and various other virtual reality products flashes in our minds instantly. No one can imagine a world without technology. And with the pace at which the Technology sector is advancing, has attracted the mutual fund industry to add yet another sector to the list- Technology Mutual Funds. With the swelling scope of growth and the consistent demand in the Technology Sector, the mutual fund industry is eminently enticed towards this sector. There is a broad scope of earning relatively high returns in the Technology Sector. Thus, the mutual fund industry decided to branch into it.

Based a fast growing sector, Technology mutual funds are also giving prolific returns. The investment of the Technology mutual fund is centered around two basic concepts: the first is to select the top players of the field and invest in them and the second is to invest in the companies which are innovating and have good reviews from the experts. The portfolio of the Technology mutual fund experiences a greater change in the volume of trading as new and new technologies are coming and attracting increased investment. The SIP investment strategy in Technology mutual fund changes frequently. But still the sector proves itself to promising. 

Past performance:

The Technology mutual fund was not popular until the late 90s. The reason behind the unpopularity was the sudden crash of the Technology Sector in the year 2000-02 after having an enormous growth in the late 90s. The mishap of Y2K in the year 2000 became the prominent factor of downfall in investment in the Technology mutual fund. But, since then Technology mutual fund has picked up momentum owing to the prolific success in the technology sector. And as on date Technology mutual fund is the most growing sector of the mutual fund industry. 

Why Technology mutual fund among all other sectors?

Even though being the most volatile sector of the mutual fund industry, Technology mutual fund is the first pick of the investors who are crazy for growth. The aim of this segment of the industry is to maximize growth. The investors who are on the lookout for the schemes which can maximize their returns must go in for the Technology mutual fund. But, Technology mutual fund is not suitable for the investors who are conservative and cannot afford to risk their money for higher returns. Even though the degree of volatility is high, the gains are prolific.

Features of Technology mutual fund

Below are the points which will clearly state the characteristics of Technology mutual fund:

  • Most-volatile sector:As compared to any other sector of the mutual fund industry, Technology mutual fund is the most volatile scheme. With the mounting innovations in the Technology Sector, the portfolio of the Technology mutual fund gets modified frequently. The funds are shifted to the companies getting high priority due to the recent innovation that have launched in the market. The companies which are recommended by the tech experts having future growth opportunities, become the center of attraction for the AMCs (Asset Management Companies), who are investing in Technology mutual fund.
  • Higher returns: As the Technology sector is trending speedily, so as the returns from the Technology mutual fund. The investors who have a liking for technology and are ready to take the risk should go in for Technology mutual fund. If the risks are high for Technology mutual fund then, the returns are also reaching to the avenues never seen before in this sector.

Our website brings to you the best of the schemes under Technology mutual fund sector like ICICI Prudential Technology Fund (D), DSP BlackRock Technology Fund (G), etc. Our expert team is constantly in search of the best options that can be included in the list and will extend to you the assistance required during your investment process.