Should I invest in ICICI Prudential Technology Fund for next 5 yrs, due to good past performance ?

POSTED BY Jai ON February 22, 2014 10:11 am COMMENTS (3)

This sector fund allocation is in good IT companies like Infy, Wpipro, mindtree,Persistant, Tech M. The fund has been performing excellently for past 5 years compared to benchmark and peers. Fund Manager has not changed for last 6 years.

Although sector fund selection is always cautioned, looking at current scenario, would you recommend to invest in this fund for next 5 years investment horizon?

3 replies on this article “Should I invest in ICICI Prudential Technology Fund for next 5 yrs, due to good past performance ?”

  1. Sumit says:

    If you want maximum exposure to IT, but also not comfortable with a complete IT sector fund then ‘ICICI Prudential Exports and Other Services Fund’ could be a better option, which predominantly invests in export oriented sectors companies –> IT – 40%, Pharma 40%. You can have a look, and do your own research before investing.

    Thanks
    Sumit

  2. ashalanshu says:

    Dear Tonsi, it’s your personal call to ride a sectoral fund.

    Thanks

    Ashal

  3. Sumit says:

    IT funds should be performing good for next couple of years, but you know the risk associated with any sector fund. So, you have to monitor it more actively , and do periodic profit booking to maximize opportunities.

    SBI IT fund does not have any exit load.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Download Our FREE Ebook!

Available only for first 100 people today

Download Our FREE Ebook!

Available only for first 100 people today