Latest News Advertising, Brand, Television, Radio, Digital-Marketing

Type to search

Post-Budget Quotes

Ms. Radhika Gupta, CEO, Edelweiss Asset Management Limited (EAML)

MediaInfoline July 5, 2019

Coming on the back of very high expectations, the budget covered a wide range of issues from infrastructure and disinvestment to electrical vehicles, education and start-ups.  Disinvestment is a stated priority, and extending tax incentives to retail investors in CPSEs oriented ETFs will provide a big push to this category, hopefully both for equity and debt ETFs.  The re-iteration that NBFCs are a cogwheel of the Indian economy, and incentivising PSBs to buy assets from NBFCs will ease the current credit environment which is positive for debt mutual funds.  The government also emphasized the need to deepen the corporate bond market, and encourage retail participation in debt, which has been limited so far.


Leave a Comment

Your email address will not be published. Required fields are marked *

one × four =