Ride the economic growth theme with banking and financial sector funds

Any credit event could pose a risk to this sector

Over the past three months, banking and financial services sector funds have given a category average return of 17.28 per cent (according to Value Research). Experts say investors with a three-five-year horizon are likely to do well in this sector. 

The banking sector provides credit. Irrespective of whether investment or consumption does well in future, the banking sector will stand to gain. Investors who wish to ride on India’s economic growth story can bet on it. “The market is of the view that with a strong mandate, the new government will be able to take decisive policy actions and undertake reforms