New Delhi, Aug. 14 -- Across market cycles, sectors move in and out of favour, creating both risks and opportunities for investors.

Data from the Bandhan Contra Fund NFO presentation, tracking sector performance from 2017 to 2026, shows how market leadership can shift over time. Here's what experts have to say about these cycles and what investors should consider before taking a sectoral fund bet.

Mayank Jain, Market Analyst, Share.Market by PhonePe highlighted that "media remained out of favour more often than any other group, staying unloved for nearly eight consecutive years out of the ten-year period studied. IT, FMCG and Banking also appeared multiple times on the out-of-favour list."

On the other hand, realty, metals, power and p...