Best News Network

Tech-focused funds outrun other equity peers in 5 years

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

  • GIFT ARTICLE
  • FONT SIZE
  • SAVE
  • PRINT
  • COMMENT

To read full story, subscribe to ET Prime

Get Unlimited Access to The Economic Times

The Big Budget Sale

@ ₹34 per week

Billed annually at
₹2499 ₹1749(30% off)

Already a Member?

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Already a Member?

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.