Mutual funds, which are the default money manager of working-class Indians, made interesting changes to their portfolios in May.

How this affects you

The strategic portfolio adjustments by Indian mutual funds in May, favoring resilient sectors like healthcare and capital goods while reducing exposure to IT and commodities, reflect a proactive response to economic uncertainties and a changing geopolitical environment, aiming to improve the breadth and quality of earnings despite potential downward pressure on Nifty 50 due to easing commodity prices.