PN Vijay, Portfolio Manager, is all out for the bluechips. There is still a lot of value in them, he says at an Investor Camp organized by CNBC-TV18. Strongly rooting for the largecaps, he says that they are likely to return more than bank fixed deposits. He picks L&T and SBI as his top choices. However, in the banking space, over the next 12 to 18 months, ICICI Bank will give better returns than Axis or SBI, he told investors.
At the Camp, he also explained how mutual funds are a vehicle that aid small investors with Rs 1-3 lakh funds by making their market journey less bumpy. Below is the verbatim transcript of his interview with CNBC- TV18's Udayan Mukherjee. Also watch the accompanying video. Q: YouDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
