IT funds have received a lot of attention from investors, with assets increasing from Rs 1,669 crore in January 2020 to Rs 36,744 crore now.
The number of IT funds has also increased, from just five before the pandemic to 21 by April 2024.
IT funds have outperformed the broader market indices 82 per cent of the time in the last 15 years. However, their recent performance has been underwhelming.
IT stocks have been on a downward spiral. The freefall only got uglier in the last three months, with IT funds bleeding 13 per cent.
To know what you should do, we suggest you read the second half of the story. The link has been added below: