Quant Mutual Fund has increased its exposure to IT Services companies over the last two months, saying the sector was entering “neglected territory”. At the same time, the fund house’s Predictive Analytics framework is expecting a gradual correction in crude oil prices over the next few months, which it views as a constructive development for Indian equities.
The fund house in its monthly release said that, “In the last two months, we have increased our exposure towards IT Services companies, as they were entering neglected territory and currently, our Predictive Analytics is advocating a gradual correction in crude over the next few months, a constructive development for Indian equities.”
