The drivers for global markets are still to be determined. US treasury yields have been close to 5 percent for some time now, and oil prices have been on the rise. However, global markets have yet to fully appreciate the magnitude of the risks., said Andrew Holland
“Nippon India Mutual Fund has incrementally added positions in the power sector. So utility companies, some of the lenders which are specifically into that segment and we remain constructive on the equipment side and other than the generation side. We have the equipment side and the transmission companies.”
Nifty hitting the 20,000-point level is a significant milestone. But whether investors should change their mutual fund investment strategy depends on factors specific to their individual financial goals, risk tolerance, and existing investment portfolios.
This is a new fund house, and one is yet to see how their strategies pan out. The sheer variety of funds already present in this category means that you can look at existing schemes for now.