Investors should exit this fund for a different reason. Infrastructure is not an opportune thing to stick around with because of the phase of market we are into. It always helps to diversify. Many of these funds are invested all over the world. Some of the markets and themes might still work. So, for most investors the only mantra to follow is ‘diversify’ and global diversification could be helpful. It is a fund, which invests only 35% of its money through a fund or a fund vehicle. But the rationale to get out of this fund is that it is an infrastructure fund. It is theme, which is unlikely to work with India or elsewhere in the immediate future.
(Source: value research)
No comments:
Post a Comment