Shibani Sircar Kurian on thematic funds, BFSI space & bottom-up investing

Kotak Mahindra Asset Management’s Shibani Sircar Kurian believes it is a good time to invest in the banking and financial services sector, which has seen return ratios expand over the last year, resulting in improved profitability. Kurian notes the sector mirrors or maps the overall macroeconomic parameters of the economy and advised investors to look at it from a slightly longer-term time horizon. The Kotak Banking ETF has a large-cap bias, with a holding in the range of 70-72%.