15 Sep 2025 | 5 Mins Read
LIC MF backs IT, Banks, Retail NBFCs, cautious on FMCG & Staples
Flipitmoney
Jaiprakash Toshniwal of LIC MF Asset Management expects Indian equities to enter a more constructive phase due to reduced uncertainty and improved news flow. Key opportunities lie in IT, banking, and retail NBFCs, while caution is advised against overvalued staples and home-care companies. Toshniwal is optimistic about the IT sector's engineering R&D space, retail NBFCs.