Still avoiding PVs in auto and FMCG, negative on IT; hospitality a better play on GST: Dinshaw Irani

August 21, 2025

Helios Mutual Fund is adjusting its portfolio. The focus is shifting towards electric vehicle two-wheeler companies. A new addition in this space is expected soon. The fund remains cautious on passenger vehicles and negative on the IT sector due to US uncertainty and AI impact. FMCG is avoided due to growth concerns.

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