US Tech fund, a unique concept of investing only into the new age disruptive businesses. Technologies that are nascent and have very high growth potential. Stocks like Google, which has so many developed products that have become lifelines of the world, which most of them are not yet into generating revenue. Once they begin generating revenue the scope for growth in Alphabet stock is huge. Similar kind of businesses that form the new technology businesses, all of them nestled in the US in the universe of this fund’s investment.
US market itself is non-correlated to India’s market, which will help have a nice diversification to the portfolio. Having US tech will bring an even greater co=-relation along with big growth. One can think of having a 10% exposure to this fund, leave it to grow, only reap the returns that it will keep generating.