Latest News After Jawaharlal Nehru, Narendra Damodardas Modi is now the third longest-serving prime minister of India since 2014. Investors are racing to determine which industries would gain the most from the formation of the Modi 3.0 cabinet with India's "Viksit Bharat" vision so they can develop an effective SIP strategy.
Experts in the market believe that the Modi government will concentrate its efforts on infrastructure, manufacturing, defence, railways, waterways, logistics, exports, and PSU banks among other important sectors after the country's GDP for FY 2023-2024 was 8.2%, the highest among developed and peer economies worldwide. According to experts, investing in mutual funds is advantageous for long-term investors, so those with a three- to five-year time horizon may find them attractive.
Currently, large- and mid-cap companies appear to be reasonably attractive from a risk-reward standpoint, and mutual funds that focus on sustainable development, infrastructure, clean energy, and housing are likely to see growth in light of the government's increasing emphasis on these sectors. Below are the industry experts, who have suggested sectors which may be beneficial for mutual fund investors to invest in after Modi 3.0 is in place.
Expert: Trideep Bhattacharya, President & CIO- Equities, Edelweiss MF We believe active stock-picking across market-capitalization ranges, that offer a combination of valuation comfort and earnings resilience in sectors like real estate, powe.
