The market has fallen for the third consecutive week on a weekly basis. For the first time for the first 3 months, the market saw a decline for the third consecutive week on a week -long basis. In such a situation, the front of the market and ICICI Prural Opts Fund Talking about strategy Priyanka Khandelwal (Priyanka Khandelwal), fund manager of ICICI PRUMC Said that there is a state of ups and downs in the market. Price and time correction occurred in the market. There is a lot of volatility in the earnings. He further said that the valuation of largecap is correct. The valuation of small-midcap is still very expensive. Margine, safety in small-midcap is quite low. There will be advice for exposure in the selective small-midcap. Flexicap scheme would advise a lump sum investment.
He further said that diversification in the portfolio should be correct. Keep the ratio of large, mid, smallcap right. Hybrid, the risk in the asset allocator scheme is low. Indian market investors do not worry. Long -term investment can be made in the market. However, there is definitely a slight concert in the short term.
Talking on the risk factors of the market, he said that there will be a close watch on the policy and government spending of the Consign, the US government’s policy and government spending.
Which sector will be made money
Priyanka Khandelwal said that the retail sector has become quite expansive. – Capital Goods sector is quite expensive. The banking sector is quite economical. There is a lot of potential in private bank. While the FMCG sector has become quite cheap. Good growth is expected in the FMCG sector. The best opportunities are seen in the cement sector.
What are the expectations from the budget? Responding to this question, he said that there is a lot of expectations from this budget. Our government is expected to support the consumption. We also keep an eye on government spending. What is spending about the government’s rural area will also have to be seen. There are expectations from the budget regarding the rural theme.
Talking on ICICI Prural Opts Fund, he said that the entire economy has 46% rural economy. Rural income growth has been very weak in the last 10 years. Through this fund, there is a focus on the possibilities related to rural development. The government has many schemes for rural development. The picture of the rural area will change in 10 years ahead. Further rural development will give GDP boost. There is a possibility of growth in the rural economy.
Focus on rural theme
The fund is Nifty Rural Index Tri is a benchmark. This is an open-end equity scheme. Rural is a combination of consumption-development. There has been a lot of change in the lifestyle of the villagers. Electricity available has improved before. Road connectivity improved significantly. A lot of work was done on road infrastructure. The supply of water was much better than before. The government’s focus on the growth of rural India. Telecom connectivity has improved before. There was a lot of focus on the rural consumption. The per capita income increased significantly. The theme will benefit from the emerging opportunities for development.
Talking about sector strategy, Priyanka Khandelwal said that there is immense opportunity in the FMCG sector. Automobiles, auto components, construction material sectors, many structure themes and focus on agro chemical sector. The best opportunities are seen in the cement sector. At the same time, there are opportunities for investment in financial services. There is possibilities in the connectivity sector. There is a great opportunity in the power sector. Keep the focus on the consumer durables sector. The telecommunication sector is monitored.
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