NDTVCenter·
India's Biggest Equity Fund Makes Contrarian Bet on IT Stocks
PPFAS Mutual Fund's $14.9 billion Flexi Cap Fund has added exposure to IT services companies over the past three months to May as valuations cooled sharply.
Read at NDTV →
Markets · 2 sources covering this
India’s biggest equity fund makes contrarian bet on IT stocks
India’s largest actively managed equity fund, PPFAS Flexi Cap, is increasing exposure to beaten-down IT stocks, taking a contrarian view on AI disruption fears. CIO Rajeev Thakkar argues pessimism is overdone, betting on productivity gains and valuation comfort even as the Nifty IT index heads for its worst year since 2008.
Coverage spectrum
0 L · 1 C · 1 R
How 2 sources are covering this
Embed this bias spectrum on your site
Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.
<iframe src="https://hindustansphere.com/embed/cluster/d7e247bc3c8e3972c466afb92eb0c8fbe57d1ae4" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="India’s biggest equity fund makes contrarian bet on IT stocks"></iframe>
