This time around, the election has gained prominence in light of Indias rising importance in geopolitics, its leading position in emerging markets, and the governments aspiration to make India the worlds third largest economy from the current fifth position.
The Indian economy is booming with corporate India witnessing balance sheet expansion, supported by government policies and a nascent real estate cycle. FY25 is expected to see earnings growth moderation to 15% for Nifty, compared to 25% in FY24. Canara Robeco Mutual Fund s Shridatta Bhandwaldar has launched a manufacturing fund based on import substitution and export ecosystem creation opportunities in Indian manufacturing.
Canara Robeco Mutual Fund has launched the Canara Robeco Manufacturing Fund. The scheme is an open-ended equity scheme that represents Indias manufacturing theme.