Table of Contents
Which technology mutual fund is best?
Best Technology Mutual Funds to Invest in 2022
| S.No. | Fund Name |
|---|---|
| 1. | ICICI Prudential Technology Fund |
| 2. | SBI Technology Opportunities Fund |
| 3. | Franklin India Technology Fund |
Is Icici Prudential Technology Fund good?
ICICI Prudential Technology Fund (Growth) is a good choice within sectoral / thematic – technology mutual funds. Scripbox recommends other funds for investment in sectoral / thematic – technology….Fund Returns.
| Last 1Y | -1.2% |
|---|---|
| Last 5Y | 26.4% |
| Last 10Y | 21.1% |
| Since Inception | 12.1% |
| 6 Month CAGR | -25.5% |
Will technology funds grow in India?
The technology sector has been one of the top drivers of economic growth in India. Notably, the Indian IT sector is one of the leading outsourcing destinations across the globe….Will Technology Mutual Funds Continue to Do Well in 2022?
| Scheme Name | Returns (%) in CY 2020 | Returns (%) in CY 2021 |
|---|---|---|
| Franklin India Technology Fund | 58.27 | 40.27 |
| S&P BSE TECk Index – TRI | 46.54 | 51.70 |
Which type of mf gives highest return?
List of Equity Mutual Funds in India
| Fund Name | Category | 1Y Returns |
|---|---|---|
| Bank of India Tax Advantage Fund | Equity | -3.5% |
| Axis Midcap Fund | Equity | 1.3% |
| Quant Large and Mid Cap Fund | Equity | 8.3% |
| Mahindra Manulife Multi Cap Badhat Yojana Fund | Equity | 4.0% |
Is Icici Prudential Technology fund good?
What is the exit load of Icici Prudential Technology fund?
Exit Load. ICICI Prudential Technology Fund – Direct Plan – Growth charges 1.0% of sell value; if fund sold before 15 days.
Is Icici Prudential Technology fund halal?
The Reliance Pharma Fund, ICICI Prudential Pharma Healthcare & Diagnostics Fund, SBI Technology Fund, ICICI Prudential Technology Fund, and the Franklin India Technology Fund can be considered shariah-compliant, but have not been certified shariah-compliant.
Is IT a good time to invest in technology funds?
Even the 3-year return is aggregating at nearly 29%. If you have the risk appetite, it is a good time to add funds to this sector….
| Scheme Name | 1-month returns (%) | 1-year returns (%) |
|---|---|---|
| SBI Tech Opp | -10.34 | 29.53 |
| ICICI Pru Technology | -10.76 | 34.13 |
Is technology mutual fund safe?
At present, Technology Opportunities Funds or Digital India Funds run a risk of concentration with some of them holding as high as 18%-23% of their portfolios in just one stock.
Can we do SIP for 20 years?
The investor should use 15 per cent annual step up. If he does that for next 20 years, then in that case, if the investor starts a mutual fund SIP investing ₹15,000 per month today, he will be able to accumulate around ₹5.55 crore after 20 years.”
What are the best tech mutual funds?
Computer hardware
What are the best technology funds?
Issuer: Oak Associates Funds
What are the best mutual funds to invest in?
– Vanguard 500 Index Fund Admiral. Dividend yield: 1.7% Vanguard 500 Index Fund Admiral ( VFIAX, $321.67) is the mutual fund industry’s first index fund. – Vanguard U.S. Growth Fund Investor. – T. Rowe Price Health Sciences Fund. – Fidelity Select Software and IT Services Portfolio. – Fidelity International Capital Appreciation Fund.
Which mutual funds are better for investment?
There are hardly any available. Right now,there’s only a Bitcoin mutual fund.