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  • News From Press IT sector mutual funds giving 0.58% returns in one year. Should you get out?

    IT sector mutual funds giving 0.58% returns in one year. Should you get out?

    After a great run in the last two years, the IT sector mutual funds have started faltering in the last one year.
    Economic Times Aug 29, 2019

    After a great run in the last two years, the IT sector mutual funds have started faltering in the last one year. The IT sector fund category is offering 0.58 per cent returns in the last one year. Sure, the toppers in the category are still offering 5 per cent annualised returns. However, most of the schemes in the category are struggling. Mutual fund managers believe that the IT sector is facing the brunt of the ongoing trade war between USA and China. What should investors do? 

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