Infrastructure mutual funds offered 62% in 2014 when Modi won. Will they repeat the performance?

Infrastructure mutual fund category generated a whopping 62 per cent average return in 2014, the year when Modi-led government first came to power. Franklin Build India Fund gave the highest return of 94 per cent in the same year. All the 21 funds in the category were positive, and the lowest return offered by the category was 23 per cent. Infrastructure development has been a top priority for the Narendra Modi government. It allocated around Rs 1.81 lakh crore to infrastructure sector in 2014-15. The allocation increased to Rs 4.94 lakh crore in 2017-18 and Rs 5.97 lakh crore in 2018-19. The BJP Manifesto promises to invest Rs 100 lakh crore in the infrastructure sector by 2024. 

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