Even though the Budget 2023 didn’t have anything specifically for mutual funds, certain indirect sops are going to impact some segments or themes. Infrastructure sector schemes are likely to benefit from the increased spending on infrastructure development plans in FY2024. The finance minister included infrastructure and investment in the seven important priorities of the government in FY2024. Mutual fund managers say that this can be good news for infrastructure funds.
India will be superpower by 2047, but not high-income economy: Martin Wolf
Read More