Expert view: Recent correction has provided ample opportunities in large caps, says DSP MF's market strategist

DSP Mutual Fund's market strategist Sahil Kapoor stated that the recent correction has provided ample opportunities in the large-cap space to build long-term portfolios. He highlighted private banks, autos, consumer discretionary, and healthcare as sectors where valuations and quality are aligned, while noting that oil prices falling below pre-war levels and strong services exports make India's FY27 balance of payments a support rather than a stress. Kapoor recommended owning both large-cap equities and duration government bonds selectively, given that FPI selling has been heavy and 10-year G-sec yields still look elevated relative to inflation and growth.