 "stocks, funds, small-caps, large-caps, india inc, tech, markets, investment, shares, dividends, brokers, shares, company, firms, BSE, exchange, earnings, results, profit, loss, dividend payout, tax")
Infrastructure (infra) funds, which have underperformed for over a decade, have enjoyed a good run in the recent past. These funds are up 75.9 per cent on an average over the past nine months, compared with the Nifty’s 67.2 per cent.
Allocation to cyclicals helped
After the March 2020 market crash, all the major economies, including India, launched large monetary and fiscal stimulus packages to counter the slowdown. These measures convinced the market that both the economy and corporate earnings would witness a V-shaped recovery. During phases of recovery, cyclical sectors witness more pronounced growth in earnings. Many investors, therefore, tilted their
