Amidst the recent lacklustre performance of the information technology (IT) sector, mutual fund houses are introducing tech-focused funds. HDFC Mutual Fund on Friday, August 25, launched a technology fund, an open-ended equity scheme. The said new fund offer (NFO) will be available for subscription till September 5, 2023. Bandhan Nifty IT Index Fund and Quant Tech Fund's NFOs are also open for subscription currently.
Axis Nifty IT Index Fund and DSP Nifty IT ETF even recently reopened for continuous subscription.
