This fund gave almost 130% return in the last one year...
Mutual funds are the way most people choose to reduce the risk compared to the stock market and get a good return. we wrote an article on mutual funds and also how to invest in mutual funds, if you have not read it read that article once. There are about 44 mutual fund houses in India. These are also known as asset management companies. These 44 mutual fund houses together offer almost 2500 mutual fund schemes. ICICI Mutual Fund is one of the 44 asset management companies. Before investing in any of the mutual fund companies, they look at the various types of companies and their financial position and assess the future of those companies in the long run.
Even in such an investment, some mutual funds do not invest in the right companies, leaving investors with losses. But most mutual funds offer good returns to investors. ICICI Prudential Technology Fund is one of the mutual funds that offer good returns to investors. No matter what mutual fund plan you take, it includes a direct growth plan, regular plan as well as dividend plans. Of these, you can choose the plan you like. ICICI Prudential Technology Fund has given almost 130% returns over the past year.
The increase in the NAV of a mutual fund means that a large percentage of the companies in which the mutual fund invests have made good returns. So here is a list of companies that ICICI Prudential Technology Fund invested in.
List of companies in which ICICI Prudential Technology Fund has invested: (ICICI Prudential Technology Fund has invested in over 40 companies).
1.Infosys Ltd.
2.HCL Technologies Ltd.
3.Tata Consultancy Services Ltd.
4.Tech Mahindra Ltd.
5.Persistent Systems Ltd.
6.Cyient Limited
7.Wipro Ltd.
8.Coforge Ltd.
9.Bharti Airtel Ltd.
10.Indian Railway Catering & Tourism Corpn. Ltd
11.KPIT Technologies Ltd.
12.MindTree Ltd.
13.eClerx Services Ltd
14.Firstsource Solutions Ltd.
15.Indiamart Intermesh Ltd.
16.Mphasis Ltd.
17.Birlasoft Ltd.
18.Just Dial Ltd.
19.L & T Technology Services Ltd.
20.Larsen & Toubro Infotech Ltd.
21.TeamLease Services Ltd.
22.Info Edge (India) Ltd.
23.Oracle Financial Services Software Ltd.
24.Accenture PLC
25.Easy Trip Planners Ltd.
26.Tata Communications Ltd.
27.SIS Ltd.
28.RailTel Corporation India Ltd.
29.NIIT Ltd.
30.INOX Leisure Ltd.
31.Mastek Ltd.
32.PVR Ltd.
33.Route Mobile Ltd.
34.Den Networks Ltd.
35.Matrimony.Com Ltd.
36.Nucleus Software Exports Ltd.
37.Affle (India) Ltd.
The ICICI Prudential Technology Fund has invested in about 40 companies but 3 of them are overseas companies and the remaining 37 companies are listed. Keep an eye on Financeschoolblog.in website often to read such information.
