What economic sectors are best to invest in right now (early June 2014) in India?
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With the new government in place a number of sectors are likely to do better now. How would you divide up money to invest between different sectors/companies?
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Answer:
There is an correction overdue, hopefully should happen after the budget. There is a hope of increase in taxation limits from 2 L to 5 L. So plan to invest 3 L in the appropriate savings schemes such as PPF etc. Make sure realestate investments have been made, that is owning a house or flat. Ensure the debt fixed income investments are upto 60-80%. In the remaining 40-20%, defensives IT and Pharma 20-10%, Consumer goods 10-5%, 6-3% in Banking/NBFC and remaining 4-2% in CapGoods/Infrastructure.
Sandeep Rao at Quora Visit the source
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