S&P BSE Information Technology Index includes 15 IT companies, namely, Aptech, Datamatics, Eclerx Services, First Source Solutions, HCL Infosystems, HCL Technologies, Hexaware, Infosys, Intellect Design Arena, Mindtree, Ramco Systems, Tata Elxsi, Tata Consultancy Services, Tech Mahindra and Wipro.
Some popular Information Technology Funds' returns ranged from a sweeping 9.7% returns to a negative return of 4.89% in the past one year.
|Fund name||1 year return (%)||Net Assets (cr)|
|Birla Sun Life New Millennium Fund||9.71||62|
|Franklin Infotech Ltd.||7.26||141|
|SBI IT Fund||5.13||59|
|ICICI Prudential Technology Fund||3.23||275|
|Tata Digital India Fund||(3.64)||40|
Birla Sun Life New Millennium Fund proved to be a leader with positive return of 9.71%, followed by Franklin Infotech Ltd., with a return rate of 7.26%.
Tata Digital India Fund and DSP BlackRock Technology.com Fund – Regular Plan, disappointed their investors by giving negative returns of 3.64% and 4.89% respectively.