Seasoned mutual fund managers believe that there is value in technology and pharma sectors. These two sectors have been going through a rough phase for the last three years. While pharma fund category has returned -10.08 per cent in the last one year, technology has somehow managed to offer a decent 7.48 per cent during the same period. Still, the top fund managers like Prashant Jain, CIO, HDFC Mutual Fund, and S Naren, CIO-equities, ICICI Prudential Mutual Fund, have faith in these sectors. They were speaking at the Morning Star Investment Conference.
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