How Technology Funds delivered exceptional returns on SIP!
Technology funds are equity-oriented sectoral schemes offered by mutual funds. This fund predominantly invests in the technology sector. Investors should have an investment horizon of at least 5 years as these funds can be risky in short term. These types of funds should only be considered in your portfolio if it is lacking the exposure of the technology sector or for that matter any sector.
Sectoral funds offer diversification by investing in companies within a particular sector which makes sectoral funds little risker than other mutual fund schemes.
For one year and annualized 3-& 5-year return of the following funds refer https://www.dsij.in/DSIJArticleDetail/ArticleID/20319/ArtMID/10163/preview/true
Here's a detailed look at the returns on SIP of 5 Technology funds. Please note that returns delivered in the following tables might not repeat in short-term so, investors with a long investment horizon should invest in these funds: