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Infrastructure, Agriculture To Get A Boost In Union Budget, Says LIC Mutual Fund
Market returns in 2018 may not be as good as those in 2017, says Saravana Kumar of LIC Mutual Fund.
11 Jan 2018, 10:01 AM IST 
General view of Infrastructure in India (Photographer: Prashanth Vishwanathan/Bloomberg)
The government is likely to increase spending on infrastructure and agriculture sectors in the upcoming Union Budget, according to LIC Mutual Fund.
Government’s focus on the two sectors is likely to increase this year as eight states are slated to go to polls, Chief Investment Officer Saravana Kumar said in an interview to BloombergQuint.
Investors will have to embrace a bottom-up strategy in 2018, said Kumar. Select information technology, pharmaceuticals, and state-owned bank stocks are poised to do well this year.
Watch the full conversation here: