Hi Nithin. You might think of adding more to Banking/NBFC sector. Small finance banks are doing well after coming out of covid. Their customers are unique, credit demand is very strong from Tier 2 and below markets, loan books are diversified, Deposits are attractive due to ROI,NPA’s are very low, 25% CAGR looks possible for couple of years atleast, even cheap at P/B level.
Ujjivan/Equitas look better than CSB which is highly dependent on gold loan. IDFC is better than RBL. You can read the separate posts on vp forum on these banks. All the best!
Disclosure: Invested in Ujjivan/Equitas/IDFC
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