As the broad markets get into correction mood, the top Mutual Funds still stayed positive. The current ranking table shows clear strength in the Technology space, followed by the service sector funds. Many investors shy away from sector funds because of the losses that the sector as a whole would face in the eventuality of something getting wrong in the sector and they will be caught on the wrong foot.
But, with active involvement in the investments, we can easily take the decision to exit when there is something brewing up. On a regular basis I have tracked these sector funds which eventually outperform the broad markets. So, being active pays well.
In the last 6 months even SIP’s in these top fund have given 80% more profits than the SENSEX, would anyone want to miss such a great opportunity?
The fund line up this month
ICICI Prudential Technology
SBI IT Fund
ICICI Export and Service
ICICI US Bluechip
Birla SL India Opportunities.