AMRIT KAAL OPPORTUNITIES FUND CAT III
Regn No. IN/AIF3/23-24/1435 Fund Manager : Mr. Sadanand Shetty
India a beneficiary of global power shifts,
says MSCI Research
Global power shifts, with India being an undisputed beneficiary of the changing power dynamics, is expected to be one among the five major investment themes that are expected to play out in 2024, according to researchers at MSCI.
As of February 2024, India’s weightage in the MSCI Emerging Markets (EM) index is 18.2%, a record high. This is almost double India’s representation in the index from 2015 until October 2020, when it stood at around 8%. India’s weightage has also surpassed Taiwan’s.
India could surpass Germany and Japan
become the world’s third-largest economy by 2030
| USA | 6.0 |
| JAPAN | 3.2 |
| GERMANY | 1.6 |
| FRANCE | 1.3 |
| UK | 1.2 |
| ITALY | 1.2 |
| CANADA | 0.6 |
| IRAN | 0.6 |
| SPAIN | 0.5 |
| BRAZIL | 0.4 |
| USA | 10.3 |
| JAPAN | 5.0 |
| GERMANY | 1.9 |
| UK | 1.7 |
| FRANCE | 1.4 |
| CHINA | 1.2 |
| ITALY | 1.1 |
| CANADA | 0.7 |
| MEXICO | 0.7 |
| BRAZIL | 0.7 |
| USA | 14.9 |
| CHINA | 6.1 |
| JAPAN | 5.7 |
| GERMANY | 3.4 |
| FRANCE | 2.6 |
| UK | 2.4 |
| BRAZIL | 2.2 |
| ITALY | 2.1 |
| INDIA | 1.7 |
| RUSSIA | 1.6 |
| USA | 25.5 |
| CHINA | 18.1 |
| JAPAN | 4.2 |
| GERMANY | 4.1 |
| INDIA | 3.4 |
| UK | 3.1 |
| FRANCE | 2.8 |
| RUSSIA | 2.2 |
| CANADA | 2.1 |
| ITALY | 2.0 |
| USA | 32.4 |
| CHINA | 27.5 |
| INDIA | 5.6 |
| JAPAN | 5.3 |
| GERMANY | 5.0 |
| UK | 4.2 |
| FRANCE | 3.4 |
| BRAZIL | 2.8 |
| CANADA | 2.6 |
| ITALY | 2.5 |
Reforms Have Transformed India’s Outlook
STRUCTURAL REFORMS
- GST
- RERA
- PLI Scheme
- IBC
- Corporate tax cuts
- Aadhaar
- NIP-Infra spend
- Jal Jeevan Mission
- Affordable housing
FORMALIZATION
- UPI – Digital payment Infra
- FASTag
- Jan Dhan/Financial Inclusion
- Direct Benefit Transfer
- Low-Cast Data Availability
- Stricter Tax Compliance Rules
- ONDC
- Account Aggregator
MACROS
- Sharply Improving Tax Buoyancy
- High Forex Reserves
- Demographic Dividend
- Massive Urbanization Scope
- Strong FII Inflows
- Vibrant Start-up Ecosystem
- Shift of saving from Hard Assets to
- Financial Assets
- Manufacturing shift to India (China + 1)
- Inflation in Control, Interest Rates Favorable
India : All Set for the ‘Big Leap’
Demographic Dividend
By 2025
29 Years – Average age.
Rising Consumption
2017 – 2025
$ 1.3 Tn. to $ 3.6 Tn.
Digital India
2017 – 2025
450 Mn to 900 Mn Internet users.
Financial Inclusion
J.A.M Trinity
100% Aadhar linked bank A/c s.
Robust Infrastructure
2016 – 2023
$1.5 Tn – $2 Tn financing demand.
Urbanization
By 2025
100+ smart cities, 30 people move every minute to urban areas.
Upward Mobility
By 2025
150Mn to be added to middle class.
GST Impact
Expected Cost Reduction
12-14% in capital goods, 5% in retailer’s cost, 20% in logistics.
Startup Ecosystems
By 2025
1,00,000+ Startups, 90 Unicorns currently.