At the India Investor Festival 2026 in Mumbai, veteran fund managers Rajeev Thakkar of PPFAS Mutual Fund and Sankaran Naren of ICICI Prudential Mutual Fund shared their outlook on Indian IT stocks, as reported by the Economic Times. The discussion highlighted potential value opportunities in the sector.
Thakkar and Naren, both respected figures in the Indian mutual fund industry, emphasized that despite recent market volatility, certain IT companies offer attractive valuations. They noted that factors like digital transformation and global demand for technology services continue to support the sector's long-term growth prospects.
The fund managers advised investors to focus on companies with strong fundamentals, including robust cash flows and competitive moats. They also cautioned against chasing momentum and recommended a disciplined approach to stock selection.
The India Investor Festival, a key event for the financial community, provided a platform for these insights. The discussion underscored the ongoing interest in Indian IT as a potential investment theme.
