LIC Mutual Fund is launching a new technology sector fund this week. The LIC MF Technology Fund opens for subscription on February 20 and closes on March 6. After that, it reopens for regular buying and selling from March 19. This is an open-ended equity scheme investing mainly in technology and technology-related companies. The fund will benchmark its performance against the BSE Teck TRI index. It will be managed by Karan Doshi and Jaiprakash Toshniwal. The minimum amount to invest is Rs 1,000 upfront and multiples of Re 1 after that. For monthly SIPs, the minimum is Rs 200 and multiples of Re 1. The fund will invest 80–100% of assets in equities of technology-focused firms. It can also invest 0–20% in other equities, 0–20% in debt and money market instruments, and up to 10% in InvIT units. With India's fast digital transformation, this fund aims to capture growth in technology, internet, digital services, data centres, and e-commerce sectors. It targets investors seeking long-term capital appreciation by focusing on the tech space. If you want exposure to India's booming tech industry via mutual funds, LIC MF Technology Fund offers a new opportunity starting February 20.