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Edelweiss Mutual Fund announced the launch of the Edelweiss Technology Fund. The scheme opened for public subscription on February 14, 2024, and will close on February 28, 2024.
There are a number of schemes which have invested up to 4-5 percent of their portfolio in Paytm stock. These schemes will soon start reflecting impact of Paytm stock in their net asset value.
In order to make mutual funds more transparent, SEBI has over the years mandated that asset management companies inform investors of important changes via email, if it affects their money. These could be a change of the fund's mandate to a change in its investment objective.
Quant Mutual Fund launches Quant Teck Fund, an open-ended equity scheme focused on technology-centric companies. The scheme is open for subscription until September 5th
The IT sector funds have returned a paltry 5.06% in the last year. But that hasn’t stopped fund houses from being bullish on tech-sector funds. Most of such schemes invest primarily in IT companies listed in India. Should you invest when the sector has fallen so much?