Underweight on commodities: Vijai Mantri, Pramerica MF
We are very selective about the commodity because we believe that the China matter has not been resolved.
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In a chat with ET Now, Vijai Mantri, MD & CEO, Pramerica MF, shares his view on commodities.
ET Now: What is the position that you are taking on commodities?
Vijai Mantri: We are very selective about the commodity because we believe that the China matter has not been resolved and the top line GDP expansion across the globe will take time to hit the big number. So we are little underweight on the commodities and we are stock specific right now.