These 6 sectors are a must in young investors portfolio, says Nimish Shah of Waterfield Advisors
Being cautious on what you buy with the optimism of good growth in these quality investments is the way to look at 2021. Sunil Shankar Matkar January 06, 2021 / 12:29 PM IST
IT stocks should be included in one s portfolio. This sector should form around 15 percent of the overall equity portfolio. Financials and Pharma are the other two must-have sectors and should have over 15-20 percent allocation, said Nimish Shah, Chief Investment Officer - Listed Investments at Waterfield Advisors in an interview to Moneycontrol s Sunil Shankar Matkar.
Shah feels overall exposure in PSU stocks should be minimal in the equity portfolio, except in very good performing PSUs. This could be across sectors like banks, oil marketing companies, etc. where there could be regulatory interventions and dependence on policies for product pricing/profitability