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It is a matter of patience in telecom sector, consolidation benefits will flow through: Invesco MF's Taher Badshah

He said that it is a matter of patience in the telecom sector. He observed, "We are reasonably well exposed in the telecom sector. We have couple of names from the sector which are among our top over weights in not just our contra fund but even in a couple of another important strategies too."

By Sonia Shenoy | Surabhi Upadhyay Dec 14, 2020 4:31:50 PM IST (Published)

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Taher Badshah, CIO-Equities at Invesco Mutual Fund, in an interview to CNBC-TV18, said that the whole proposition of consolidation and its benefits in the telecom sector will flow through.

He said that it is a matter of patience in the telecom sector. He observed, "We are reasonably well exposed in the telecom sector. We have couple of names from the sector which are among our top over weights in not just our contra fund but even in a couple of another important strategies too."

Speaking about PLI scheme, he said, "Some part of the PLI scheme is something which we have to all watch as execution comes about. A lot of it will also be a demonstration of many of these companies which are going to take advantage of the PLI scheme. So, it is a journey which is well begun."

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