The schemes will be suitable for investors who are seeking long-term capital appreciation and want investment in securities covered by Nifty 50 Index and Nifty Bank Index, and gain access to growth of potential market leaders.
Favourable economic indicators and a steady interest rate environment have the potential to draw investments into the banking sector, fostering additional growth and advancement. With the anticipation of interest rates remaining stable, heightened interest is expected in the housing loan sector.
"As December is generally a sluggish month, market yields may not move much either side. We expect 10Y G-Sec yield to trade in a range of 7.15%-7.25% with a downward bias," says Avnish Jain, Head- Fixed Income, Canara Robeco Mutual Fund.
Prolonged pause on interest rate to fare well for corporate India, say experts orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
Nimesh Chandan, CIO, Bajaj Finserv Asset Management, believes the government will continue its path to incentivise manufacturing and infrastructure in the upcoming Budget.