ETMarkets Fund Manager Talk: This portfolio manager at Karma Capital is bullish on telecom & media. Here’s why

“We at Karma Capital have a bottom-up approach towards stock selection with an average investment horizon of more than 5 years, hence, the Union Budget has very little or no bearing on the stock selection process. Banks, industrials, and consumption-driven companies should perform better while performance of sectors like technology and commodities is expected to be relatively weaker.”