Overall inflows to equity mutual funds were better month-on-month (m-o-m) but broadly still muted. Against this backdrop, the sustenance of such high growth is crucial.
Despite the recent adversities that hit some debt fund schemes hard, benefits like high liquidity, safety and tax benefits on long-term capital gains still make it an attractive choice over other fixed income options.
FM Nirmala Sitharaman is expected to announce a number of big-ticket decisions in the Union Budget 2019 considering the thumping majority her party secured in the recent Lok Sabha elections.
Agriculture and the allied sector on a whole is expected to grow at 0.4 per cent, a decline when compared to last year's 3.1 per cent rise, the survey further stated.
