Gautam Trivedi is banking on these 2 sectors for an inflation-proof portfolio
“While IT has been punished a fair bit and frankly valuations are very much attractive at 23 to 24 times FY24 PE, banking has been clearly number one in the last five years. We have seen a huge correction in the NPL cycle. That has cleaned up the banking system for the most part. Plus, the retail credit growth is still significant and that has not changed. That is the reason I like both these sectors.”
