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But if one were to look at the sectoral performance in December, particularly in the last three years, then theres just one sector that has given returns consistently for three years in this month.
Daljeet Singh Kohli of Vasuki India Fund says that they currently have a small allocation to mainstream IT and IT-enabled services. They are waiting for this quarter's numbers and management commentary to assess the revival of the sector. They are avoiding new-age tech companies for now due to ESOP-related and extraordinary items, but are considering IT-enabled service providers.