Whalesbook
UTI AMC fund manager Karthikraj Lakshmanan advises investors on sector allocations. He is cautious on IT due to global demand uncertainty but sees potential in selective high-quality IT firms. Lakshmanan prefers private banks over PSU lenders, citing strong balance sheets and asset quality. He views FMCG as defensive, suitable for conservative investors, and sees structural opportunities in the power sector, though valuations need careful consideration. He stresses disciplined allocation, focusing on balance sheet strength, earnings visibility, and reasonable valuations.