Technology, energy emerge as winning sectoral bets for MF investors

Energy schemes have been the second-best performer with annualised returns of 62 per cent

Mutual fund (MF) investors who like to take sectoral or thematic punts have bet the most on schemes that invest in the technology and energy sectors.

The two-year category average returns for various sectoral and thematic schemes have ranged between 25 per cent and 72 per cent on an annualised basis. Technology funds are at the upper end, while international funds at the lower end of the spectrum, data provided by Value Research shows.

Within the technology space, ICICI Prudential Technology Fund has delivered the best two-year annualised returns of 86 per cent. The scheme has beaten the BSE Teck index by