Investors looking for sectoral themes can now bet on manufacturing funds as the new government’s focus on the manufacturing sector will ensure a supportive policy environment. The buzz around the manufacturing sector is driving asset management companies (AMCs) to launch new funds to capitalise on the growth potential of this vital sector. Mahindra Manulife Mutual Fund, HDFC Mutual Fund and Baroda BNP Paribas Mutual Fund have launched manufacturing funds recently.
Valuations in Indian markets have become reasonable: Mirae's CIO Surana
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