Sector diversification calls you to look at the FMCG sector. What do you expect?
As an investor you would be more initerested in this FICCI survey a through & recent study of the segment.
The FMCG funds currently available are :
1. Fraklin FMCG Sector Fund
2. ICICI Pru FMCG Sector Fund
3. Magnum FMCG Sector Fund
What is the prospects for this sector?
Irrespective of the global slowdown started with subprime crisis of USA and now spilling its beans from Greece, Portugal, Spain etc.. in Europe, we have a responsible government and a central bank that try to steer ahead of times. The JNNRUM and NREGP started two budgets ahead of any government or central bank started programmes for supporting job for the lower sections in the economy to pull demand from the villages/semi-urban places.
The local demand will sustain the growth rate in the segment in spite of any thing that happening globally
It is better to read about other sectoral funds, if you are looking at completness of your diversification process.
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