{"id":2988,"date":"2019-06-03T01:10:03","date_gmt":"2019-06-03T01:10:03","guid":{"rendered":"http:\/\/blog.kuvera.in\/?p=2988"},"modified":"2019-06-03T01:19:42","modified_gmt":"2019-06-03T01:19:42","slug":"technology-fund-outperform-index-flows-other-mf-news","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/technology-fund-outperform-index-flows-other-mf-news\/","title":{"rendered":"Technology Fund outperform, Index Flows &#038; Other MF News"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_40 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" area-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69dd28d776033\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69dd28d776033\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/kuvera.in\/blog\/technology-fund-outperform-index-flows-other-mf-news\/#All_that_you_need_to_know_about_Mutual_Funds_this_week\" title=\"All that you need to know about Mutual Funds this week\">All that you need to know about Mutual Funds this week<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/kuvera.in\/blog\/technology-fund-outperform-index-flows-other-mf-news\/#Index_Returns\" title=\"Index Returns\">Index Returns<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/kuvera.in\/blog\/technology-fund-outperform-index-flows-other-mf-news\/#Top_5_best_performing_funds\" title=\"Top 5 best performing funds\">Top 5 best performing funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/kuvera.in\/blog\/technology-fund-outperform-index-flows-other-mf-news\/#Top_5_worst_performing_funds\" title=\"Top 5 worst performing funds\">Top 5 worst performing funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/kuvera.in\/blog\/technology-fund-outperform-index-flows-other-mf-news\/#Top_5_best_performing_ELSS_funds\" title=\"Top 5 best performing ELSS funds\">Top 5 best performing ELSS funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/kuvera.in\/blog\/technology-fund-outperform-index-flows-other-mf-news\/#What_investors_bought\" title=\"What\u00a0investors bought\">What\u00a0investors bought<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/kuvera.in\/blog\/technology-fund-outperform-index-flows-other-mf-news\/#What_investors_sold\" title=\"What investors sold\">What investors sold<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/kuvera.in\/blog\/technology-fund-outperform-index-flows-other-mf-news\/#Movers_Shakers\" title=\"Movers &amp; Shakers\">Movers &amp; Shakers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-5'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/kuvera.in\/blog\/technology-fund-outperform-index-flows-other-mf-news\/#Quote_of_the_week\" title=\"Quote of the week:\">Quote of the week:<\/a><\/li><\/ul><\/nav><\/div>\n<h5><span class=\"ez-toc-section\" id=\"All_that_you_need_to_know_about_Mutual_Funds_this_week\"><\/span>All that you need to know about Mutual Funds this week<span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p>Technology fund outperformed with the NIFTY IT index up 3.8% for the week. 4 out of the top 5 best performing funds invest in digital or technology space. Data going back to 2006 shows that returns of NIFTY IT index have mostly been inline with the NIFTY 50 Index.<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-2978\" src=\"https:\/\/blog.kuvera.in\/wp-content\/uploads\/2019\/05\/NIFTY-vs-IT-LT.png\" alt=\"\" width=\"940\" height=\"613\" srcset=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/05\/NIFTY-vs-IT-LT.png 940w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/05\/NIFTY-vs-IT-LT-300x196.png 300w, https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/05\/NIFTY-vs-IT-LT-768x501.png 768w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Index investing is picking up in India.<\/strong> We have long been a proponent of an Index first <a href=\"http:\/\/blog.kuvera.in\/performance-recommended-portfolio-update\/\">well-diversified portfolio<\/a>. It is heartening to see that two Index funds (<a href=\"https:\/\/kuvera.in\/explore\/uti-nifty-index-growth--UTNID2-GR\" target=\"_blank\" rel=\"noopener\">UTI Nifty Index<\/a> and <a href=\"https:\/\/kuvera.in\/explore\/uti-nifty-next-50-index-growth--UTNYG1-GR\" target=\"_blank\" rel=\"noopener\">UTI Nifty Next 50 Index)<\/a> featured in the highest equity inflows we saw this week.<\/p>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/kuvera.in\/explore\/funds\/icici\" target=\"_blank\" rel=\"noopener\">ICICI Prudential Mutual Fund<\/a> has launched<strong> the NFO for <\/strong><\/span><strong><a href=\"https:\/\/kuvera.in\/explore\/icici-prudential-mnc-growth--IC9594-GR\" target=\"_blank\" rel=\"noopener\">ICICI Prudential MNC Fund<\/a><\/strong><span style=\"font-weight: 400;\"><strong>,<\/strong> an open-ended equity scheme following MNC theme. The NFO is open for subscription from 28 May to 11 June. You can find NFOs on Kuvera <\/span><a href=\"https:\/\/kuvera.in\/explore\/nfo\/all\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong><a href=\"https:\/\/kuvera.in\/explore\/funds\/parag\" target=\"_blank\" rel=\"noopener\">Parag Parikh Mutual Fund<\/a> has received SEBI approval for launching its second equity scheme in 6 years<\/strong>. The fund house is expected to launch its Tax Saver Fund in the first week of July. As per Rajeev Thakkar, CIO &#8211; Parag Parikh Mutual Fund, the portfolio of Parag Parikh Tax Saver Fund would resemble that of <a href=\"https:\/\/kuvera.in\/explore\/PP001ZG-GR\" target=\"_blank\" rel=\"noopener\">Parag Parikh Long Term Equity Fund<\/a>, apart from exposure to international equities.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong><a href=\"https:\/\/kuvera.in\/explore\/funds\/dhfl\" target=\"_blank\" rel=\"noopener\">DHFL Pramerica Mutual Fund<\/a> has announced the merger of four of its debt schemes.<\/strong> As per the <\/span><a href=\"http:\/\/www.dhflpramericamf.com\/docs\/default-source\/default-document-library\/05-notice-cum-addendum---merger-medium-term-and-floating-rate_-segregation-ah-and-ap_may-22-2019.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">notice<\/span><\/a><span style=\"font-weight: 400;\">\u00a0released by the Fund House:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><a href=\"https:\/\/kuvera.in\/explore\/PRMTD1-GR\" target=\"_blank\" rel=\"noopener\">DHFL Pramerica Medium Term Fund<\/a> (Merging Scheme) will be merged with <a href=\"https:\/\/kuvera.in\/explore\/PRCDD1-GR\" target=\"_blank\" rel=\"noopener\">DHFL Pramerica Credit Risk Fund<\/a> (Surviving Scheme)<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\"><a href=\"https:\/\/kuvera.in\/explore\/PRTID1-GR\" target=\"_blank\" rel=\"noopener\">DHFL Pramerica Floating Rate Fund<\/a> (Merging Scheme) \u00a0will be merged with <a href=\"https:\/\/kuvera.in\/explore\/PR2FD1-GR\" target=\"_blank\" rel=\"noopener\">DHFL Pramerica Ultra Short Term Fund<\/a> (Surviving Scheme)<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Unitholders who do not wish to retain their holdings in the merging schemes can redeem their units without any exit load between 22nd May and 22nd June 2019. There will be no changes in the fundamental attributes of the surviving scheme.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>NDA government has announced the list of its cabinet ministers.<\/strong> Some of the prominent ministers include\u00a0<\/span><span style=\"font-weight: 400;\">Nirmala Sitharaman as the Minister of Finance, <\/span><span style=\"font-weight: 400;\">Amit Shah as the Minister of Home Affairs,<\/span><span style=\"font-weight: 400;\">\u00a0Raj Nath Singh as the Minister of Defence and S Jaishankar as the Minister of External Affairs.<\/span><\/p>\n<h5><span class=\"ez-toc-section\" id=\"Index_Returns\"><\/span><strong>Index Returns<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<table style=\"height: 143px;\" width=\"644\">\n<tbody>\n<tr>\n<td width=\"152\"><strong>Index<\/strong><\/td>\n<td width=\"95\"><strong>Weekly open<\/strong><\/td>\n<td width=\"101\"><strong>Weekly close<\/strong><\/td>\n<td width=\"63\"><strong>Change<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400;\">BSE Sensex<\/td>\n<td style=\"font-weight: 400;\">39,434.72<\/td>\n<td style=\"font-weight: 400;\">39,714.20<\/td>\n<td style=\"font-weight: 400;\">0.71%<\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400;\">Nifty<\/td>\n<td style=\"font-weight: 400;\">11,844.10<\/td>\n<td style=\"font-weight: 400;\">11,922.80<\/td>\n<td style=\"font-weight: 400;\">0.66%<\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400;\">S&amp;P BSE SmallCap<\/td>\n<td style=\"font-weight: 400;\">14,699.56<\/td>\n<td style=\"font-weight: 400;\">14,867.04<\/td>\n<td style=\"font-weight: 400;\">1.14%<\/td>\n<\/tr>\n<tr>\n<td style=\"font-weight: 400;\">S&amp;P BSE MidCap<\/td>\n<td style=\"font-weight: 400;\">14,945.24<\/td>\n<td style=\"font-weight: 400;\">15,096.18<\/td>\n<td style=\"font-weight: 400;\">1.01%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Source- BSE\/NSE<\/em><\/p>\n<p>&nbsp;<\/p>\n<h5><span class=\"ez-toc-section\" id=\"Top_5_best_performing_funds\"><\/span><strong>Top 5 best performing funds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<table style=\"height: 172px;\" width=\"641\">\n<tbody>\n<tr>\n<td width=\"261\"><strong>Name<\/strong><\/td>\n<td width=\"64\"><strong>Week<\/strong><\/td>\n<td width=\"64\"><strong>3Y<\/strong><\/td>\n<td width=\"178\"><strong>Category<\/strong><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/aditya-birla-sun-life-digital-india-growth--BS16Z-GR\"><b>ABSL DIGITAL INDIA<\/b><\/a><\/td>\n<td>3.3%<\/td>\n<td>13.8%<\/td>\n<td>Sectoral<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/tata-digital-india-growth--TADIFGZ-GR\"><b>TATA DIGITAL INDIA<\/b><\/a><\/td>\n<td>3.3%<\/td>\n<td>15.4%<\/td>\n<td>Sectoral<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/hsbc-managed-solutions-india-growth-fund-growth--HSHMSGG-GR\"><b>HSBC MGD SOLUTIONS\u00a0<\/b><\/a><\/td>\n<td>2.8%<\/td>\n<td>11.8%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/sbi-technology-opportunities-growth--SBD034G-GR\"><b>SBI TECHNOLOGY OPP<\/b><\/a><\/td>\n<td>2.8%<\/td>\n<td>13.5%<\/td>\n<td>Sectoral<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/icici-prudential-technology-growth--8019-GR\"><b>ICICI PRU TECHNOLOGY FUND<\/b><\/a><\/td>\n<td>2.7%<\/td>\n<td>13.2%<\/td>\n<td>Sectoral<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em><span lang=\"EN-US\">Source \u2013 Kuvera.in<\/span><\/em><\/p>\n<p>&nbsp;<\/p>\n<h5><span class=\"ez-toc-section\" id=\"Top_5_worst_performing_funds\"><\/span><strong>Top 5 worst performing funds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<table style=\"height: 189px;\" width=\"631\">\n<tbody>\n<tr>\n<td width=\"261\"><strong>Name<\/strong><\/td>\n<td width=\"64\"><strong>Week<\/strong><\/td>\n<td width=\"64\"><strong>3Y<\/strong><\/td>\n<td width=\"178\"><strong>Category<\/strong><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/dsp-world-energy-growth--DS761-GR\"><b>DSP WORLD ENERGY<\/b><\/a><\/td>\n<td>-4.5%<\/td>\n<td>2.2%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/dsp-world-agriculture-growth--DS733-GR\"><b>DSP WORLD AGRI<\/b><\/a><\/td>\n<td>-2.9%<\/td>\n<td>5.3%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/dsp-us-flexible-equity-growth--DS736-GR\"><b>DSP US FLEXIBLE EQUITY<\/b><\/a><\/td>\n<td>-2.5%<\/td>\n<td>13.1%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/invesco-india-feeder-invesco-pan-european-equity-growth--RGPED1-GR\"><b>INVESCO PAN EURO<\/b><\/a><\/td>\n<td>-2.5%<\/td>\n<td>4.4%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/dhfl-pramerica-global-equity-opportunities-growth--PRGAD1-GR\"><b>DHFL GLB EQUITY OPP<\/b><\/a><\/td>\n<td>-2.3%<\/td>\n<td>12.0%<\/td>\n<td>Fund of Funds<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em><span lang=\"EN-US\">Source \u2013 Kuvera.in<\/span><\/em><\/p>\n<p>&nbsp;<\/p>\n<h5><span class=\"ez-toc-section\" id=\"Top_5_best_performing_ELSS_funds\"><\/span><strong>Top 5 best performing ELSS funds<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<table style=\"height: 126px;\" width=\"641\">\n<tbody>\n<tr>\n<td width=\"261\"><strong>Name<\/strong><\/td>\n<td width=\"64\"><strong>Week<\/strong><\/td>\n<td width=\"64\"><strong>3Y<\/strong><\/td>\n<td width=\"178\"><strong>Category<\/strong><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/axis-long-term-equity-growth--TSDG-GR\"><b>AXIS LONG TERM EQUITY<\/b><\/a><\/td>\n<td>2.3%<\/td>\n<td>16.3%<\/td>\n<td>ELSS<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/bnp-paribas-long-term-equity-growth--BN69G-GR\"><b>BNP PARIBAS LONG TERM EQUITY<\/b><\/a><\/td>\n<td>1.9%<\/td>\n<td>11.9%<\/td>\n<td>ELSS<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/jm-tax-gain-growth--TGDG-GR\"><b>JM TAX GAIN<\/b><\/a><\/td>\n<td>1.6%<\/td>\n<td>18.3%<\/td>\n<td>ELSS<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/kotak-tax-saver-growth--KO144D-GR\"><b>KOTAK TAX SAVER<\/b><\/a><\/td>\n<td>1.5%<\/td>\n<td>17.5%<\/td>\n<td>ELSS<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/boi-axa-tax-advantage-growth--BXBA079-GR\"><b>BOI AXA TAX ADVANTAGE<\/b><\/a><\/td>\n<td>1.4%<\/td>\n<td>14.7%<\/td>\n<td>ELSS<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em><span lang=\"EN-US\">Source \u2013 Kuvera.in<\/span><\/em><\/p>\n<p>&nbsp;<\/p>\n<h5><span class=\"ez-toc-section\" id=\"What_investors_bought\"><\/span><strong>What\u00a0<\/strong><strong>investors bought<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p>We saw the most inflows in these 5 Funds \u2013<\/p>\n<table style=\"height: 189px;\" width=\"640\">\n<tbody>\n<tr>\n<td width=\"249\"><strong>Name<\/strong><\/td>\n<td width=\"64\"><strong>1Y<\/strong><\/td>\n<td width=\"64\"><strong>3Y<\/strong><\/td>\n<td width=\"159\"><strong>Category<\/strong><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/hdfc-small-cap-growth--HDACG1G-GR\"><b>HDFC SMALL CAP<\/b><\/a><\/td>\n<td>-2.9%<\/td>\n<td>20.1%<\/td>\n<td>Small Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/uti-nifty-index-growth--UTNID2-GR\"><b>UTI NIFTY INDEX<\/b><\/a><\/td>\n<td>14.0%<\/td>\n<td>16.4%<\/td>\n<td>Index Fund<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/mirae-asset-large-cap-growth--MAFIOD1-GR\"><b>MIRAE ASSET LARGE CAP<\/b><\/a><\/td>\n<td>14.6%<\/td>\n<td>19.2%<\/td>\n<td>Large Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/parag-parikh-long-term-equity-growth--PP001ZG-GR\"><b>PARAG PARIKH LTE<\/b><\/a><\/td>\n<td>6.5%<\/td>\n<td>14.7%<\/td>\n<td>Multi-Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/uti-nifty-next-50-index-growth--UTNYG1-GR\"><b>UTI NIFTY NEXT 50 <\/b><\/a><\/td>\n<td>NA<\/td>\n<td>NA<\/td>\n<td>Index Fund<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em><span lang=\"EN-US\">Source \u2013 Kuvera.in<\/span><\/em><\/p>\n<p>&nbsp;<\/p>\n<h5><span class=\"ez-toc-section\" id=\"What_investors_sold\"><\/span><strong>What investors sold<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p>We saw the most outflows in these 5 Funds \u2013<\/p>\n<table style=\"height: 174px;\" width=\"640\">\n<tbody>\n<tr>\n<td width=\"249\"><strong>Name<\/strong><\/td>\n<td width=\"64\"><strong>1Y<\/strong><\/td>\n<td width=\"64\"><strong>3Y<\/strong><\/td>\n<td width=\"159\"><strong>Category<\/strong><\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/hdfc-mid-cap-opportunities-growth--MCOGT-GR\"><b>HDFC MID CAP OPP<\/b><\/a><\/td>\n<td>-1.8%<\/td>\n<td>14.7%<\/td>\n<td>Mid Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/sbi-blue-chip-growth--SBD103G-GR\"><b>SBI BLUE CHIP<\/b><\/a><\/td>\n<td>8.5%<\/td>\n<td>13.7%<\/td>\n<td>Large Cap<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/icici-prudential-value-discovery-growth--8176-GR\"><b>ICICI PRU VALUE DISC<\/b><\/a><\/td>\n<td>4.5%<\/td>\n<td>11.2%<\/td>\n<td>Value Fund<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/tata-equity-p-e-growth--TAEPEGZ-GR\"><b>TATA EQUITY P\/E\u00a0<\/b><\/a><\/td>\n<td>1.2%<\/td>\n<td>18.9%<\/td>\n<td>Value Fund<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/kuvera.in\/explore\/kotak-standard-multicap-growth--KO168D-GR\"><b>KOTAK STD MULTICAP<\/b><\/a><\/td>\n<td>14.2%<\/td>\n<td>19.1%<\/td>\n<td>Multi Cap<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em><span lang=\"EN-US\">Source \u2013 Kuvera.in<\/span><\/em><\/p>\n<p>&nbsp;<\/p>\n<h5><span class=\"ez-toc-section\" id=\"Movers_Shakers\"><\/span><b>Movers &amp; Shakers<\/b><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<p><strong>1\/\u00a0<\/strong>Pankaj Jain, Fund Manager &#8211; <strong><a href=\"https:\/\/kuvera.in\/explore\/funds\/principal\" target=\"_blank\" rel=\"noopener\">Principal Mutual Fund<\/a>,<\/strong> has resigned from the services of Principal Asset Management Private Limited with effect from 31 May 2019.<\/p>\n<p><strong>2\/<\/strong>\u00a0<span style=\"font-weight: 400;\"><strong><a href=\"https:\/\/kuvera.in\/explore\/funds\/idfc\" target=\"_blank\" rel=\"noopener\">IDFC Mutual Fund<\/a> <\/strong>has announced the appointment of Rucha Amdekar as Key Personnel in Fixed Income Team and Vinod Rai as an Independent Director of IDFC Asset Management Company Limited, with effect from 30 May 2019. <\/span><\/p>\n<h5><span class=\"ez-toc-section\" id=\"Quote_of_the_week\"><\/span><strong>Quote of the week:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h5>\n<blockquote><p><strong>One of the frustrating things for people who miss the first rally in a bull market is that they wait for the big correction, and it never comes. The market just keeps climbing and climbing.<\/strong><\/p>\n<p><strong>: Martin Zweig<\/strong><\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<p>Start investing through a platform that brings goal planning and investing to your fingertips. Visit\u00a0<a href=\"https:\/\/www.kuvera.in\/\"><strong>kuvera.in<\/strong><\/a>\u00a0to discover\u00a0<a href=\"https:\/\/kuvera.in\/blog\/direct-plans-better\/\"><strong>Direct Plans<\/strong><\/a>\u00a0and\u00a0<a href=\"https:\/\/kuvera.in\/user\/login\"><strong>start investing today.<\/strong><\/a><\/p>\n<p>#MutualFundSahiHai, #KuveraSabseSahiHai!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>All that you need to know about Mutual Funds this week Technology fund outperformed with the NIFTY IT index up 3.8% for the week. 4 out of the top 5 best performing funds invest in digital or technology space. Data going back to 2006 shows that returns of NIFTY IT index have mostly been inline [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/technology-fund-outperform-index-flows-other-mf-news\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":2991,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[173],"tags":[209,211,83,36,225,11,66,212,229,213],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Technology Fund outperform, Index Flows &amp; Other MF News -<\/title>\n<meta name=\"description\" content=\"Technology fund outperform on the back of election results. Check there long term performance before investing. Invest in Mutual Funds at kuvera.in\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cnbctv18.com\/personal-finance\/all-that-you-need-to-know-about-mutual-funds-this-week-32-3545851.htm\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Technology Fund outperform, Index Flows &amp; Other MF News -\" \/>\n<meta property=\"og:description\" content=\"Technology fund outperform on the back of election results. Check there long term performance before investing. Invest in Mutual Funds at kuvera.in\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cnbctv18.com\/personal-finance\/all-that-you-need-to-know-about-mutual-funds-this-week-32-3545851.htm\" \/>\n<meta property=\"og:site_name\" content=\"Kuvera\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/kuvera.in\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-03T01:10:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-06-03T01:19:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/06\/TopReturns.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1316\" \/>\n\t<meta property=\"og:image:height\" content=\"691\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Kuvera\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Kuvera_In\" \/>\n<meta name=\"twitter:site\" content=\"@Kuvera_In\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kuvera\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Technology Fund outperform, Index Flows & Other MF News -","description":"Technology fund outperform on the back of election results. Check there long term performance before investing. Invest in Mutual Funds at kuvera.in","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.cnbctv18.com\/personal-finance\/all-that-you-need-to-know-about-mutual-funds-this-week-32-3545851.htm","og_locale":"en_US","og_type":"article","og_title":"Technology Fund outperform, Index Flows & Other MF News -","og_description":"Technology fund outperform on the back of election results. Check there long term performance before investing. Invest in Mutual Funds at kuvera.in","og_url":"https:\/\/www.cnbctv18.com\/personal-finance\/all-that-you-need-to-know-about-mutual-funds-this-week-32-3545851.htm","og_site_name":"Kuvera","article_publisher":"https:\/\/www.facebook.com\/kuvera.in","article_published_time":"2019-06-03T01:10:03+00:00","article_modified_time":"2019-06-03T01:19:42+00:00","og_image":[{"width":1316,"height":691,"url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/06\/TopReturns.png","type":"image\/png"}],"author":"Kuvera","twitter_card":"summary_large_image","twitter_creator":"@Kuvera_In","twitter_site":"@Kuvera_In","twitter_misc":{"Written by":"Kuvera","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.cnbctv18.com\/personal-finance\/all-that-you-need-to-know-about-mutual-funds-this-week-32-3545851.htm#article","isPartOf":{"@id":"https:\/\/kuvera.in\/blog\/technology-fund-outperform-index-flows-other-mf-news\/"},"author":{"name":"Kuvera","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/6b774e7d3516942b9e0242c93d7cb307"},"headline":"Technology Fund outperform, Index Flows &#038; Other MF News","datePublished":"2019-06-03T01:10:03+00:00","dateModified":"2019-06-03T01:19:42+00:00","mainEntityOfPage":{"@id":"https:\/\/kuvera.in\/blog\/technology-fund-outperform-index-flows-other-mf-news\/"},"wordCount":732,"commentCount":1,"publisher":{"@id":"https:\/\/kuvera.in\/blog\/#organization"},"keywords":["best returns mutual funds","ELSS Equity Mutual Funds","Index Funds","index investing","International","Investing","Kuvera","mutual fund performance","technology","Top mutual funds"],"articleSection":["Kuvera Weekly"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.cnbctv18.com\/personal-finance\/all-that-you-need-to-know-about-mutual-funds-this-week-32-3545851.htm#respond"]}]},{"@type":"WebPage","@id":"https:\/\/kuvera.in\/blog\/technology-fund-outperform-index-flows-other-mf-news\/","url":"https:\/\/www.cnbctv18.com\/personal-finance\/all-that-you-need-to-know-about-mutual-funds-this-week-32-3545851.htm","name":"Technology Fund outperform, Index Flows & Other MF News -","isPartOf":{"@id":"https:\/\/kuvera.in\/blog\/#website"},"datePublished":"2019-06-03T01:10:03+00:00","dateModified":"2019-06-03T01:19:42+00:00","description":"Technology fund outperform on the back of election results. Check there long term performance before investing. Invest in Mutual Funds at kuvera.in","breadcrumb":{"@id":"https:\/\/www.cnbctv18.com\/personal-finance\/all-that-you-need-to-know-about-mutual-funds-this-week-32-3545851.htm#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.cnbctv18.com\/personal-finance\/all-that-you-need-to-know-about-mutual-funds-this-week-32-3545851.htm"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.cnbctv18.com\/personal-finance\/all-that-you-need-to-know-about-mutual-funds-this-week-32-3545851.htm#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/kuvera.in\/blog\/"},{"@type":"ListItem","position":2,"name":"Technology Fund outperform, Index Flows &#038; Other MF News"}]},{"@type":"WebSite","@id":"https:\/\/kuvera.in\/blog\/#website","url":"https:\/\/kuvera.in\/blog\/","name":"Kuvera","description":"Wealth Management, Simplified","publisher":{"@id":"https:\/\/kuvera.in\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/kuvera.in\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/kuvera.in\/blog\/#organization","name":"Kuvera","url":"https:\/\/kuvera.in\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/cropped-cropped-kuvera-logo-dark-3.png","contentUrl":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2022\/07\/cropped-cropped-kuvera-logo-dark-3.png","width":83,"height":13,"caption":"Kuvera"},"image":{"@id":"https:\/\/kuvera.in\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/kuvera.in","https:\/\/twitter.com\/Kuvera_In","https:\/\/www.instagram.com\/kuvera.in","https:\/\/www.linkedin.com\/company-beta\/10456535\/"]},{"@type":"Person","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/6b774e7d3516942b9e0242c93d7cb307","name":"Kuvera","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/kuvera.in\/blog\/#\/schema\/person\/image\/","url":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/07\/social-media-logo-02-alt-v3-150x150.jpg","contentUrl":"https:\/\/kuvera.in\/blog\/wp-content\/uploads\/2019\/07\/social-media-logo-02-alt-v3-150x150.jpg","caption":"Kuvera"},"description":"Kuvera is India's first free Direct Mutual Fund investing platform. We bring you goal-based investing and innovative features like Tax Harvesting, TradeSmart, Family Account and more!","sameAs":["http:\/\/kuvera.in"],"url":"https:\/\/kuvera.in\/blog\/author\/kuvera-research\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/2988"}],"collection":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/comments?post=2988"}],"version-history":[{"count":3,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/2988\/revisions"}],"predecessor-version":[{"id":2993,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/posts\/2988\/revisions\/2993"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/media\/2991"}],"wp:attachment":[{"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/media?parent=2988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/categories?post=2988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kuvera.in\/blog\/wp-json\/wp\/v2\/tags?post=2988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}