VERIFIEDET Markets·9 Jul 2026neutral

TCS, Infosys crash up to 55%: Why India's largest mutual fund scheme is still buying

AI Summary

·India's largest mutual fund scheme is increasing its stake in TCS and Infosys despite their significant market value losses.
·The fund manager's strategy is based on current cash flows, not future AI narratives.
·While AI disruption presents challenges, it also opens new avenues for technology spending, though earnings visibility is a concern.