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5 Mutual Funds That Focus On Technology Stocks In 2023

Technology funds usually invest in equities of technology companies. This blog covers Top 5 Mutual Funds That Focus on Technology Stocks in 2023.
April 18, 2024
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Mutual Funds which invest predominantly in technology companies are also popularly known as technology funds. They can invest in both debt and equities of these companies. They usually try to bet on new emerging technologies which are likely to disrupt the tech world with new innovations. ICICI Prudential Technology Fund, SBI IT Funds and Aditya Birla Sun Life New Millennium Fund are examples of some prominent Indian technology funds. Most of the companies in these funds operate in the domain of solving complex business challenges with breakthrough technical innovations. These include IT, digital transformation, data analytics, Artificial Intelligence and Machine Learning. Technology funds in India have consistently provided a good annualized return over years. With a decent return, these can serve as a good diversification option for investors looking to cash in on the ever-growing technology sector in the country. 

Below mentioned are some funds that focus mainly on technology stocks. However, we at Cube Wealth suggest you consult a financial advisor or a Cube Wealth Coach before investing in any assets because entry and exit points are crucial for any sectoral fund and technology funds are no different. So it's im

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