AMFI Registered Mutual Fund Distributor | SEBI registered Investment Adviser


Share | Email Print more
Update from Research Desk on Budget 2013-2014
February 28, 2013

The Government has come out with a responsible Budget.

Author : Dr. Renu Pothen

Update Budget 2014

Update from Research Desk on Budget 2013-2014

The Budget presented by Chidambaram did not have any big bang reforms; however, it was a responsible one from a government which has only a year left to prove its mettle. Similar to his road shows in which he had marketed India well, the Budget also had enough measures which will send a clear message to both domestic and foreign investors that the government is serious about bringing the economy back into a growth trajectory. The government’s resolve to do everything possible to bring down inflation, especially food inflation, should be of some comfort for Subbarao and team. The emphasis on infrastructure will be a big boost to this sector which has been lagging for a long time. We also believe that the measures suggested to enhance savings into the financial sector is a step in the right direction, however North Block could have done a bit more to tap this potential into the capital markets.

Dr. Renu Pothen
Research India

Disclaimer: iFAST and/or its content and research team’s licensed representatives may own or have positions in the mutual funds of any of the Asset Management Company mentioned or referred to in the article, and may from time to time add or dispose of, or be materially interested in any such. This article is not to be construed as an offer or solicitation for the subscription, purchase or sale of any mutual fund. No investment decision should be taken without first viewing a mutual fund's scheme information document including statement of additional information. Any advice herein is made on a general basis and does not take into account the specific investment objectives of the specific person or group of persons. Investors should seek for professional investment, tax, and legal advice before making an investment or any other decision. Past performance and any forecast is not necessarily indicative of the future or likely performance of the mutual fund. The value of mutual funds and the income from them may fall as well as rise. Opinions expressed herein are subject to change without notice. Please read our disclaimer on the website.Please read our disclaimer in the website.

Comments (0) | Comment on this Article
 (Click on Comments/Comment on this Article to show or hide comments/post a comment)
Recommended Funds
Recommended Portfolios
Chart Centre
Risk Profiler