US-focused IT mutual funds lead Indian sectoral peers, but investors have few options
Consider investing in a sectoral fund only if you have reliable access to quality advice. Given the prolonged weakness in IT companies, timing the entry could be tough.
Indian funds focussed on US-listed technology companies have delivered stellar returns to Indian investors.
The information technology (IT) index has underperformed the broader markets over the past year as the growth of the Indian IT sector has moderated over the past few quarters. At the same time, US-focused technology funds have been on a tear.
However, Indian investors looking to bet on global technology funds have limited options.
Performance of Indian funds
Indian equities have been on a roll over the past few quarters, with large-cap funds gaining 36 percent on an average on
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