In this month’s Fact Sheet, we cover the following:

• The Fund delivered 19.8% over the last 12 months beating its benchmark by 1.3%
• We discuss the key aspects of India’s budget for FY20-21 and what it means for the Indian Economy
• India recorded its largest ever calendar year investment in 2019 from PE and VC funds of US$48 billion. Infrastructure investments have seen a 225% increase YoY and account for 30% of PE/VC investments. This has been driven by large Global asset managers and sovereign wealth and pension funds such as Brookfield, ADIA, Canadian Pension Plan and Australian Super

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