Whalesbook
Bhai logon, market mein ek badi khabar aa rahi hai! Mutual funds jo IT sector mein paisa lagate the, ab woh bahut savdhan ho gaye hain. Unhone IT stocks se apna exposure kafi kam kar diya hai, jisse sector mein unka hissa pichhle 8 saalon ke sabse kam level par aa gaya hai, yani sirf 6.7%.
IT Sector Mein Giraavat
Motilal Oswal Financial Services ki report ke mutabik, April mein mutual funds ne equity holdings ka sirf 6.7% hi IT stocks mein rakha. Ye March se 60 basis points aur pichhle saal se 180 basis points kam hai. Nifty IT index bhi apne peak se 36% gir chuka hai, jo sector ki mushkilein dikha raha hai.
Kyun Giraya Paisa?
Iska sabse bada reason hai clients ki taraf se kam kharch karna aur deals ka postpone hona. Global demand bhi slow hai. Bade IT companies jaise Tata Consultancy Services aur Infosys ki earnings bhi kamzor rahi hain. Aur upar se, AI ka impact kya hoga business models par, yeh bhi ek bada sawal hai.
Fund Managers Kya Keh Rahe Hain?
Kuch fund houses ne toh IT se paisa nikal liya hai, lekin kuch ne ek saal mein apna stake badhaya bhi hai. Nuvama Alternative & Quantitative Research ke hisaab se, SBI Mutual Fund ka IT exposure sabse kam tha, April mein sirf 5.9%, jo pichhle saal 6.4% tha. SBI MF ke fund manager Vivek Gedda ne bataya ki woh AI disruption ko lekar chintit hain aur long-term growth prospects abhi unclear hain. Haalanki, current stock prices ko dekh kar woh selectively opportunities dhoondh rahe hain.
Nuvama dwara survey kiye gaye saat bade fund houses ka bhi IT sector mein 10% se kam exposure hai. UTI MF ne sabse zyada holding ( 15.7%) rakhi hai, lekin unhone bhi pichhle saal apna exposure kam kiya hai.