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Kotak Mutual Fund positive on infrastructure and corporate banking space

Updated : January 10, 2019 04:31 PM IST

Kotak Mutual Fund on Thursday said it's positive on infrastructure and corporate banking space.

In an interview to CNBC-TV18, Harish Krishnan, senior vice president and equity fund manager, said, "2018 was extremely volatile year and I don't think that 2019 is going to be very different. It's going to be very choppy year."

"While we have a large position in information technology (IT) in contrast to the benchmarks, we are quite underweight over there. We expect the largecap IT names to continue to maintain their performance that they have seen in 2018, which is in the higher range of single digit growth numbers in constant currency basis. Unfortunately, the rupee tailwind that they enjoyed in FY19 would possibly come off," Krishnan said.

Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
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