Should you buy disruptive tech focused global equity mutual funds?
(Published in Economic Times)
A tech-led disruption refers to a seismic shift which upturns established industries and overthrows existing market leaders. It is the outcome of an innovation that transforms a product, service or biz model, often creating an entirely new market.
A new crop of global funds are being launched latching on to the latest buzzword in investing trends—disruptive technology. These funds invest in firms that are deploying new-age tech that can ‘disrupt’ markets or change the way businesses operate. Edelweiss US Technology Fund was launched recently. BNP Paribas Global Innovative Technology Fund is in the pipeline. Does the opportunity warrant a dedicated bet in disruptive tech?