Quant Mutual Fund turns cautious on manufacturing, bets on neglected IT Services

Image for article Quant Mutual Fund turns cautious on manufacturing, bets on neglected IT Services
News Source : Economictimes.com

News Summary

  • Quant Mutual Fund is pivoting away from manufacturing due to rising cost pressures and supply chain issues.
  • Instead, it's channeling investments into IT services, viewing this sector as overlooked and ripe for growth.
  • The fund focuses on identifying undervalued and under-owned stocks across diverse sectors for maximum returns.
  • Quant foresees consolidation trends within large-cap markets, which could lead to selective opportunities.
  • Looking for the best mutual funds to invest?
  • Here are our recommendations.
  • (Catch all the Mutual Fund News, Breaking News, Budget 2024 Events and Latest News Updates on The Economic Times.)

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