ETMarkets Fund Manager Talk: Seeing early signs of India-dedicated allocations by FIIs: Rahul Veera, Abakkus Asset Manager

“We continue to see sectoral rotation in the markets, and we continue to stay away from chasing momentum in some of these spaces. Valuation of the portfolio is in low teens. Top holdings in our portfolio includes Sun Pharmaceutical Industries, Polycab India, ICICI Bank, Larsen & Toubro, and State Bank of India. We rebalance only when there is a better alternative or a better risk-reward in another stock based on valuations.”