India’s biggest equity fund makes contrarian bet on IT stocks
- Posted on June 23, 2026
- By Business News Today
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- 1 min read
India’s biggest equity fund makes contrarian bet on IT stocks
Indias largest actively managed equity fund, PPFAS Flexi Cap, is increasing exposure to beaten-down IT stocks, taking a contrarian view on AI disruption fears. CIO Rajeev Thakkar argues pessimism is overdone, betting on productivity gains and valuation comfort even as the Nifty IT index heads for its worst year since 2008.
