Titan stock is "poised for a rebound" on rising discretionary income of consumers, says Sohini Andani, fund manager at SBI Mutual Fund.
SBI Mutual Fund launches SBI Banking & Financial Services, an open ended sector fund with the objective to generate long-term capital appreciation to unit holders from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in banking and financial services.
SBI Bluechip Fund belongs to Large cap category and has been ranked 4 by CRISIL. Analysing the fund's performance over the past several years, expert Arnav Pandya feels that this fund is suitable for conservative investor who might not have very high expectations of massive outperformance from their investments.