Best Performing Technological mutual funds in India- Top 5 best performing mutual funds

best mutual fund, mutual fund 2019, top mutual find for 2019,
The technology sector is a category of an equity sector fund, that invests in which company who are involved in technological business, such as computer hardware, manufacturers producing computer or electronic and technological service industry companies, like those company providing information technology. 
India’s IT Service industry was born in Mumbai in 1967 with the building of the Tata Group in partnership with Burroughs. The first software export zone – SEEPZ was installed in Mumbai in 1973,  More than 75 percent of the country’s software exports were from SEEPZ in the 1980s.
 
Technology and IT Sector in India
The technology sector in India is facing rapid evolution and it changing the shape of Indian business Standards. The global sourcing market in India continues to grow at a higher level. India remained the world’s top sourcing destination in 2016-17 with a 55 percent share.
Ideally, investors should invest in this type of funds for the purpose of diversification. One should not solely depend on this type of fund for wealth creation. Investors who are planning to invest in the technology sector must closely watch the funds past 4-year performances. One should have a piece of in-depth knowledge about the technology sector and the future market of technology.
 
Top 5 Best Technology Sector Funds in India for 2019
Scheme Name
NAV(Rs.)
1m %
3m%
6%
1y%
3%
Tata Digital India Fund (G)
14.61
5.52
4.07
1.16
18.05
13.75
ICICI Pru Technology Fund (G)
59.46
7.04
3.57
4.55
17.39
14.01
SBI Technology Opportunities Fund (G)
62.5
5.58
4.53
0.87
13.37
12.01
Aditya Birla SL Digital India Fund (G)
51.52
4.97
3.50
1.14
10.46
13.92
Franklin India Technology Fund (G)
154.27
5.94
1.43
-1.56
8.45
11.59

2 Responses

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