These 9 equity mutual funds delivered over 10% returns in July. Did you invest in any of them?
Jasmeet Singh, Executive Director at Anand Rathi Wealth Limited, told ETMutualFunds that whether this outperformance will continue over the next 12 to 18 months is
Jasmeet Singh, Executive Director at Anand Rathi Wealth Limited, told ETMutualFunds that whether this outperformance will continue over the next 12 to 18 months is difficult to predict, as technology remains a cyclical sector and consistently identifying market tops and bottoms is rarely possible.
The long-term outlook for the IT sector remains positive. However, near-term performance will depend on earnings delivery and global demand. Rather than taking concentrated sectoral
exposure after a sharp rally, investors can consider diversified equity funds that already have meaningful exposure to quality IT companies, offering participation in the sector
with lower portfolio risk.
The BriefWire