₹11.11 lakh crore (3.4% of GDP). Numerous pivotal announcements were made across diverse sectors. Furthermore, the connection between India’s infrastructure development and the facilitation of foreign investment via Bilateral Investment Treaties (BITs) is anticipated to enhance India’s economic strategy.
The construction, logistics, and transportation sectors are certainly pivotal industries to monitor for heightened foreign involvement, spurred by India’s expanding focus on infrastructure development. Engaging in individual stock investments comes with inherent risks. Therefore, allocating funds to mutual funds operating in the infrastructure sector can be a prudent strategy for long-term wealth growth.
Mutual funds that invest in communication networks, transportation systems, and utilities such as gas, electricity, water, etc., fall within the infrastructure category. This broadens the scope of investment when choosing the right funds, enhancing the strength of one’s portfolio. Some of the best mutual funds in the infrastructure space that may help you grow your money in the long run include: The Canara Robeco Infrastructure Fund, provided by Canara Robeco Mutual Fund, concentrates on investments in companies actively engaged in and benefiting from the expanding infrastructure scenario in India.
Commencing in December 2005, this fund adheres to a “Growth" style and carries a “Very High" riskometer rating. The fund exhibits a comparatively lower portfolio turnover in contrast to certain other infrastructure funds, possibly suggesting an emphasis on long-term investment strategies. An attractive aspect of investing in this fund is its lack of consistent outperformance against its benchmark (S&P BSE India Infrastructure
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