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What is IT & Technology Mutual Fund?
IT sectoral mutual funds aim to deliver long-term capital gains by investing in the stocks of technology companies. The IT sector has played a crucial role in driving the economy of India for a long time. Some of the sectoral IT mutual funds have delivered remarkable returns in recent years and had the potential to perform even better in the future. These funds are suitable for the investors who can track the performance of the IT stocks in the market as the funds are directly dependent on them.
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