Motilal Oswal AMC is steering clear of large banks, IT and FMCG companies as it doubles down on high-growth themes such as defence, renewables, digital businesses, hospitals and capital markets.
“We have very little exposure to large banks, IT, commodities, internal combustion engine vehicles and FMCG,” said Prateek Agrawal, managing director and chief executive officer of Motilal Oswal Asset Management Company in a chat with ET Markets. The fund house believes sectors with sustained earnings growth can outperform the broader market over time.
