For investors, who believe stock-picking capabilities of fund managers will be crucial in this market, equity schemes with a concentrated portfolio are an option.
"Earnings growth has been lacklustre for the past three years, but valuations have become richer. Select sector leaders and companies at the cusp of a turnaround are likely to outperform. This alpha generation opportunity is likely to be higher in a concentrated portfolio as the conviction and size of bets remain high," ..