MFs Push In­fra Schemes Post Bud­get

The Economic Times - - Front Page -

In­fra­struc­ture could be the next pop­u­lar theme on Dalal Street with the gov­ern­ment em­pha­sis­ing that money should be used to build as­sets. Mu­tual funds are push­ing dis­trib­u­tors to ask clients to in­vest in funds fo­cussed on in­fra com­pa­nies, which have been lag­gards in the stock mar­ket since 2008, re­ports

“In­fra is one sec­tor I would rec­om­mend for the next one year,” said S Naren, ex­ec­u­tive di­rec­tor, ICICI Pru­den­tial MF.

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