This mutual fund manager sees money in a beaten-down mutual fund category. What’s the secret? - Moneycontrol

8/3/2022 12:00:00 AM2 years 9 months ago
by Nikhil Walavalkar
by Nikhil Walavalkar
Canara Robeco AMC has launched the Canara Robeco Banking & PSU Debt Fund – a category that has disappointed over the past year. Fund managers like Avnish Jain say things are going to turn around for the category pretty soon.
An asset class delivers the best returns when it is beaten down. Contrarian investing is all about identifying an investment where past returns were low but the fundamentals are changing for the bett… [+6234 chars]
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