Prashant Jain, Fund Manager at Zurich, on his outlook for technology sector.

Zurich India Prudence from Zurich India Mutual Fund continues to be an impressive performer in the open-end balanced fund category. Unlike its aggressive peers, the fund has maintained a diversified portfolio with only 15 per cent exposure to the ICE sector. This has helped the fund withstand the carnage on the bourses and has lost only 10.45% in the last three months against the sector average decline of 20.5%. Prashant Jain, who manages Zurich India Prudence, is now comfortable with the valuations in the market and is positive in his outlook for