▶ AFTER A PROLONGED period of underperformance starting in January 2022, the information technology (IT) sector is back in fashion among fund managers. Several asset management companies (AMCs), including Bandhan Mutual Fund, HDFC Mutual Fund, Axis Mutual Fund, and Quant Mutual Fund, have recently launched Nifty IT index funds or technology-focussed funds, per updates from the mutual fund industry.
While most growth stocks had a downturn in sentiment in 2022 as a result of the global central banks starting a cycle of rate hikes, technology stocks in
