Well I don't agree with the article to avoid sector funds. FMCG and Infrastrcutre sector definitely has a bright future in India. Considering demographics and increase in per capita income of India and FII investing in retial FMCG sector will definitely have decent returns. Infrastrcutre funds will also do better as India doesn't have any infrastructe in place in first place and we have a long way to go and hence the growth potential of this sector is quite high. In any diversified MF significant weightage is given to both of these sectors. I am not sure if these sectors will outperform sensex but they will definitely yield better results and chances of they going bust like Tech Sector is bleak. Tech scrip valuations were not realistic and they were bound for failure.
