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Alliance New Millennium

With a performance graph closely tracking the benchmark BSE IT Index, Alliance New Millennium bears testimony to the dizzying heights and scary downfalls of the technology stocks. Despite a deep bath, the fund manager remains a strong believer in technology stocks for their growth potential. But shows a clear preference limited to the top rung technology stocks. Today, these stocks account for 75 per cent of the portfolio. Launched in January 2000, Alliance New Millennium seeks capital growth with focus on technology and technology dependent companies. And the fund was ...