So the budget has been announced, the budget has been waited for a long time, how much money will be invested in the sectors, the stock market had a lot of weight Now those numbers have come, so after that which best mutual funds can give good returns in the coming time So first of all, if we see where is the focus on the sectors in the budget so in todays blog we learn reality of the best mutual fund sector to invest in 2024.
The focus on the housing sector, the focus on the solar sector and the focus on the manufacturing sector the budget of solar power has doubled from 5,000 crores to 10,000 crores, the nuclear power project has doubled from 400 crores to 2,000 crores Along with this, if we look at the rural development, it has doubled from 800 crores to 1200 crores Along with this, if we look at the development of semiconductor and display manufacturing it has doubled from 3,000 crores to 6,900 crores
And if we look at sector wise, the defense sector, rural development, majorly in rural development, infrastructure, manufacturing, all these activities have come The focus is on the agriculture sector, the home and house manufacturing sector has also come here Along with this, in the energy sector, about 68,000 crores of money is going to be invested additionally
So according to this, what are the themes that can work well for the mutual funds? So first of all, if we talk about themes, the theme that comes to mind, which has been focused on infrastructure development for a long time And even now, if you look here, Bihar, Andhra Pradesh, such states are going to be focused on infrastructure The benefit of this infrastructure will be given to the companies So this is a segment that can be done well, like you will see ICIC Prudential Infrastructure Fund here It has given good returns here, if we look here, Absolute returns are good, its annualized returns are also good So it has generated quite good returns, it has generated a return of around 25% It has generated a return of around 32% in 5 years, in 1 year it is 62% and in 3 years it is around 40%
If we look at the companies, then NTPC, LNT, SDFC Bank, ICAC Bank are investing their money in these companies The theme infrastructure is related to this here Apart from this, Kalpatru, Projects, NCC Limited are also investing their money in these companies Similarly, we will look at the SDFC Infrastructure Fund, if we look at the returns here In 1 year it is 67%, in 3 years it is 37%, in 5 years it is around 26% The focus here is on infrastructure construction in these sectors ICIC Bank, JKIL, SDFC Bank, LNT are investing their money in these companies, So these are the major sectors, infrastructure, manufacturing, energy sectors On which there will be a consistent focus on the government.
if we talk about the manufacturing sector For example, ICIC’s manufacturing company In this, Ultra Tech Cement, Maruti Suzuki, Sun Pharma, LNT companies Focus on capital goods, focus on automobiles Along with that, the material sector is also focused on them You can see that in 1 year, 60% and in 3 years 30% returns are given So these 4 themes of mutual funds can generate good returns in the coming time continuously. Along with this, you have to understand that if you are investing in a particular theme, then your money is a little more risky. So, you have to invest a little bit of your risk. For investors who are taking more risk, such mutual funds and such themes can be good.