Kenneth Andrade sees opportunities in these sectors

The inaugural fund for Old Bridge, an open-ended scheme, was launched in January this year.

Andrade expects commodity prices to bounce back by next year and demand to improve. Old Bridge is gradually building its portfolio with commodities linked to infrastructure such as metals or soft commodities such as agriculture.

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"Till now, agro commodities, whether it is agro chemicals, fertilizers, seeds, etc. They've been reasonably subpar in terms of performance, but they've been okay, as far as the index is concerned. But to get that, right, I think we need price inflation that comes back," he noted.

According to data released by the commerce ministry on March 14, India's wholesale price index for February decreased mostly because prices of manufactured goods and power dropped more. In February, wholesale prices fell to a four-month low of 0.20% compared to a 0.27% increase in January.

Also Read | India's February wholesale inflation eases to four-month low of 0.20%

In February, manufactured product prices fell 1.27% against a 1.13% fall in the previous month, while fuel and power prices fell 1.59% from a year earlier, compared with a 0.51% drop in January. Food prices rose 4.09% year-on-year compared with an increase of 3.79% in January, while prices of primary articles were up 4.49% versus a rise of 3.84%.

For the entire interview, watch the accompanying video