The Unit Trust of India (UTI) is reviewing its investment strategy for Mastergrowth, Mastergain, Masterplus, Grandmaster other popular open-ended equity schemes.
While most UTI fund managers feel that the fast moving consumer goods (FMCG) sector should be dumped for the time being, they perceive the cement, telecom, pharmaceuticals and banking sectors as growth engines of the future.
For instance, in case of Mastergrowth, fund managers are toying with the idea of increasing its exposure to sectors such as cement, information technology and pharmaceuticals.
While the scheme
