If a segment is baking in a very high growth and which then becomes a bit ambitious in terms of achievement then I'll have to calibrate my weights accordingly, says the Head of Equities at the fund house.
However, Sambre reiterated that one has to be cautious around valuations because that actually brings down the set of opportunities an investor has in terms of investing
When it comes to cyclical recovery, Vinit Sambre is keeping faith on healthcare, agro-based companies, automobile and auto ancillary sectors
IT companies' results have generally met or exceeded expectations, as they have been successful in preserving margins.
Our cautious view on the markets makes us believe that sectors such as healthcare, telecom, insurance, IT, and consumer staples are resilient in the current environment and could outperform.
Vinit Sambre, Head-Equities, DSP Mutual Fund, feels travel, tourism and retail sectors have been the hardest hit due to the lockdown
Kaustubh Belapurkar, Director-Manager, Research, Morningstar India, believes that mid and small caps funds, which have outperformed large caps by a great extent in the last 3-5 years, have returned better value for investors, depending on risk profile.