Technology Funds
Rate cuts and higher discretionary spending likely to boost tech funds
These schemes invest at least 80 per cent in shares of technology companies. As of August 31, 2024, 26 technology sector schemes managed assets worth Rs 45,637 crore.
 "Rate cuts and higher discretionary spending likely to boost tech funds")
China bankers replaced by tech PhDs as Xi sparks new fund talent war
In the quest for talent, venture capital firms are forced to get creative
 "China bankers replaced by tech PhDs as Xi sparks new fund talent war")
Avoid sector, thematic funds; stick to diversified equity offerings
Among sector/thematic funds, technology funds are on average down 23.4 per cent year-to-date
 "Avoid sector, thematic funds; stick to diversified equity offerings")
Technology funds come bearing gifts: Give one-year returns of 63%
Covid-19 has accelerated the growth of IT companies with rise in demand for digitisation
 "Technology funds come bearing gifts: Give one-year returns of 63%")
Peter Thiel's founders fund backs $130 million Japan technology fund
Billionaire Thiel's Founders Fund is backing a new $130 million vehicle by Coral Capital to invest in Japan's technology startups as the country shakes off its image as a tough place for entrepreneurs
 "Peter Thiel's founders fund backs $130 million Japan technology fund")
Tech firm Boat Lifestyle eyes Rs 1,000 cr revenue in FY24 on strong demand
Consumer tech products maker Boat Lifestyle registered gross revenue of over Rs 500 crore in FY2019-20 and aims to double the topline by FY24 on the back of strong demand for products
 "Tech firm Boat Lifestyle eyes Rs 1,000 cr revenue in FY24 on strong demand")
Why IT, pharma funds can be safe bets for investors in a bad market
Investors, however, need to understand their prospects before deciding to raise their exposure to these export-oriented sectors
 "Why IT, pharma funds can be safe bets for investors in a bad market")
Technology funds high on rupee slide, global IT services growth
For a one-year period, these funds have returned 16.8 per cent, beating other sectoral funds comfortably
 "Technology funds high on rupee slide, global IT services growth")
Tipping point: Is it advisable to invest in technology sector funds?
Don't invest more than 5-10% of equity portfolio in sector funds
 "Tipping point: Is it advisable to invest in technology sector funds?")
SBI IT Fund, Tata Digital India Fund, others shine as sentiment improves
Technology funds have also beaten large, multi and mid-cap categories, which have given returns of about 13 per cent each
 "SBI IT Fund, Tata Digital India Fund, others shine as sentiment improves")
Market scorecard: Technology funds top return charts, assets hit a new high
A mix of mean reversion and the defensive nature of the sector helped the category average returns to rise to 26.48 per cent
 "Market scorecard: Technology funds top return charts, assets hit a new high")
Technology funds turn unattractive
Invest in diversified equity funds or in banking funds if you are keen on exposure to sectoral funds
 "Technology funds turn unattractive")
