Business

Tech-focused funds outrun other equity peers in 5 years

By Dan Neff

Karkera said technology companies dealing in communication services, export-oriented software, and innovative product development are in a “sweet spot”.

Synopsis

Systematic investment plans (SIPs) in technology mutual funds have worked well for investors in the past five years, generating double the average returns from various equity schemes.

Mumbai: Systematic investment plans (SIPs) in technology mutual funds have worked well for investors in the past five years, generating double the average returns from various equity schemes.

As per data from Value Research, monthly investments in a technology fund have generated an average of 28.75% returns. In comparison, the average SIP returns of 348 open-ended equity mutual fund schemes were 14.16% during this period. While technology

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ET Bureau

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Dan Neff