Banking on Bank Funds
I really liked your cover story titled ‘Banking Sector Funds: Ready to Rebound?’ But I doubt whether banks have already rallied quite a bit in the last one month. Therefore, would it be the right time to jump into them?
- Sudhir Rana
Editor Responds : It is true that the share prices of banks have rallied quite a bit in the last one month. However, they are still trading lower than what they were trading before the pandemic-triggered fall in the stock market. Hence, we see that as the economy returns to normalcy, the banking sector fund is all set to outperform.