Investing in India’s booming manufacturing sector with the Baroda BNP Paribas Manufacturing Fund

The Baroda BNP Paribas Manufacturing Fund seeks long-term capital growth by investing in the Indian manufacturing sector. Invest in development now.

Baroda BNP Paribas Manufacturing Fund, launched on June 10, 2024 by the Baroda BNP Paribas Mutual Fund, aims to achieve long-term capital growth through investments in the Indian manufacturing sector. This open-end investment fund offers investors the opportunity to tap the growth potential in sectors such as rail, roads, defense and green energy.

Fund details

Baroda BNP Paribas Manufacturing Fund mainly invests in equity and equity related securities of companies engaged in manufacturing, with a minimum investment requirement of Rs 1,000. The fund is open-ended, which allows investors to enter and exit investments at their convenience. The investment offer in this new fund will close on June 24, 2024.

Why is it worth investing in production in India?

The Indian manufacturing sector experiences significant capital expenditure (capex) in various critical areas. The country is developing its infrastructure with projects such as high-speed trains, expanding the road network and developing renewable energy sources. Additionally, urban infrastructure is developing rapidly, including metro and airport networks. These initiatives create significant investment opportunities.

Capex trends in the central and state regions

India’s focus on strengthening key sectors such as railways, ports and highways is evident. The government plans to modernize railway infrastructure, including introducing advanced trains such as Bullet and Vande Bharat. Moreover, significant investments are being made in road expansion and digitization to increase efficiency and safety.

Development of Urban Infrastructure

The Indian aviation market ranks third in the world and plans to develop 100 airports by 2024 under the Regional Connectivity Scheme (RCS). To support this development, the government is committed to investing in new terminals, modernizing existing facilities and strengthening runways.

Green energy initiatives

India is aiming to achieve a target of 500 GW of green energy by 2030, which will entail significant investment in transmission and distribution. This transformation also affects the automotive sector, which is moving towards electric and fuel cell technologies.

Investment expenditure on defense and independence

The Indian defense sector is poised for growth, with significant domestic procurement opportunities worth $100-120 billion over the next few years. The government’s emphasis on self-reliance creates opportunities for domestic producers.

Peer schemas

Data as of June 7, 2024

Fund management and strategy

The Baroda BNP Paribas Production Fund is managed by experienced professionals such as Jitendra Sriram and Miten Vora, who have extensive expertise in equity markets. The fund aims to achieve long-term capital growth by focusing on Big hat, Average capitalizationAND Small capitalization companies from the manufacturing industry.

Application BNP Paribas’ Baroda Manufacturing Fund is well positioned to benefit from India’s growing manufacturing sector and infrastructure development initiatives. With competitive expense ratios and an experienced management team, the fund offers investors the opportunity to share in the country’s growth story.

Reservation: The article is for informational purposes only and does not constitute investment advice.