'Active funds will continue to dominate the equity landscape'

Though the overall markets look priced beyond fair valuation, we are seeing a very smart and evolved market behaviour. We are observing a good sectoral rotation happening from time to time, wherein the expensive sectors are going out of favour, and the underperforming sectors are seeing good demand. This way, while the markets are not correcting at a high level, each sector is going through its own correction once it becomes too expensive, giving us some comfort while deploying assets across our schemes.

This article was originally published on October 28, 2024.