Fund managers say PSUs look attractive as valuations are cheap and possibility of strategic sales offers room for value unlocking
The finance minister recently announced a liberalisation of depository receipts, an instrument which can be used by Indian companies to raise capital abroad
Over the past year, small-cap funds have given a category average return of -15.9 per cent
Broader market indices hit 2.5-year lows after falling over 11% in July
According to fund managers, betting big on mid- and small-caps at this juncture can be fraught with risks