TRUST MF's Mihir Vora Favours Financial Stocks, But There's A Holdout?

Mihir Vora, chief investment officer at TRUST Mutual Fund, said indications of a consumption revival and corporates doing better after tax cuts will emerge only when credit growth picks up in the economy. The main driver of business growth would be the financial counter. He cited a healthy balance sheet and decent valuations in these companies. The trigger that will generate the "extra alpha" has to be credit growth.