Banking stocks to outperform, expect 20-25% returns: UTI Mutual Fund
PUBLISHED ON: June 7, 2012 | Duration: 10 min, 07 sec
In an interview to NDTV Profit, Lalit Nambiar, SVP & Fund Manager, Head - Research, UTI Mutual Fund, said that the banking sector has witnessed sharp corrections. "We like undervalued banks in the PSU space. We expect banking stocks to outperform. One can expect returns up to 20-25 per cent from few banking stocks," he added.