NEW NFO (Mutual Fund ) Open....

Birla Sun Life Resurgent India Fund- Series 4 opens today

The GST will bring the nation under a consolidated taxation system and this will open up new avenues of investments.

Introducing Birla Sun Life Resurgent India Fund - Series 4, a 3.5 year close ended equity scheme that aims to provide capital appreciation by investing primarily in Equity and Equity related securities that are likely to benefit from the recovering Indian economy.

So, here is the opportunity to ask your investors to be a part of the Indian growth story by investing in Birla Sun Life Resurgent India Fund-Series 4

Highlights

1. GST - One India, One taxation system

2. Macroeconomic stability

3. Boom of Infrastructure Sector

Key growth drivers of the Indian Economy:
Rising urbanisation push to affordable housing

Policy environment to stimulate business growth

Infrastructure spend

Surplus liquidity in the system through demonetisation

Goods & Service Tax (GST)

Sharpened government focus on improving ease of doing business

 The 3 spokes of a growing economy

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

Lower amount of paperwork/ Lesser compliance burden

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

In the last 18 months, the Defense Acquisition Council (DAC) has cleared projects of INR 3.5t

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 Rs 15,000 crore to Rs 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

Major beneficiaries of the Key themes

Affordable Housing: Building Material & HFCs

Infrastructure: Railways, Roads

Auto Ancillaries

Consumer Discretionary

Consumer Staples & Durables

Defense

Sectors with higher growth potential

(Increase in Percentage share of Organized Sector from 2016 to 2026)