Chetan Finserve

25/02/2018

16/09/2017

👉🏻Aditya Birla Sun Life Resurgent India Fund – Series 5👈🏻

👍🏻NFO Opens: 20th Sept 2017
👍🏻NFO Closes: 4th October 2017

📌3 strong themes:-

🗯Implementation of GST🗯

✳Amalgamation into a single, nationwide market

✳Between 3 and 5 % saving to the Organized Sector on tax alone

✳Loss of tax advantage to the Unorganized Sector (up to 12%)

✳Reduction in logistics costs due to consolidation of depots & other warehousing costs

✳Implementation to potentially add 0.6% - 0.9% to India’s GDP growth in the medium term.

🌲Infra Spend-Public Capex🌲

✳Budgetary allocation for the Railways sector has grown at a CAGR of 25% over FY14-18

✳FY17 saw record-high road project awards of 16,271km and construction activity grew 35% to 8,231km (22km/day)

✳High focus on affordable housing to kick start growth in the real estate & allied sectors.

✳India’s $12bn defense market is expected reach between $18bn to $20bn by 2020 - the 2nd highest growth rate in terms of defense spending among the top 15 countries.

⛳Affordable Housing⛳

✳Government gave infrastructure status for affordable housing, a long-standing demand of developers, and also increased the allocation for the Prime Minister Awas Yojana from ` 15,000 crore to ` 23,000 crore

✳No. of constructed houses growing at 6-7mn per year due to population growth + nuclearisation

✳Lower interest rates & easy access to credit in the economy provide additional tailwind to the sector.

Chetan Sankhla
M: 9928855056

10/09/2017

10/09/2017

Dated 10 Sep 2017