In the past three months, Irani’s fund has increased exposure mainly to the BFSI space, focusing on private NBFCs, insurance companies, and wealth managers. He has also added select new-age tech companies after they underwent a significant correction. Additionally, a globally recognised power equipment supplier has been included in the portfolio. Sectors like tourism and hospitals continue to see allocation increases, while consumer-facing sectors with stretched valuations and weak demand outlooks have been systematically pruned.
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