Tata Mutual Fund has launched Tata Infrastructure Fund, a novel sectoral schemeto invest in Indian infrastructure related companies.

In the coming yea rs India should be spending huge amounts on infrastructure.

According to a report by the Centre for Monitoring Indian Economy, India needs to invest more than Rs 7,00,000 crores in infrastructure projects.

Even if a fraction of this estimate materialises infrastructure companies and infrastructure funds like Tata Infrastructure Fund will gain tremendously.

Mainly Tata Infrastructure Fund plans to invest 70 percent of its net assets in companies in the Indian infrastructure sector.The remaining 30 percent will be invested in fixed income investments like bonds, fixed deposits, etc or money market instruments.

The infrastructure sector comprises off:
Energy
Power
Power Equipment
Oil and Gas and allied industries
Coal
Mining
Aluminium and other metal industries
Steel and Steel Utilities
Engineering
Construction
Cement
Transportation
Ports
Telecommunications
Housing
Banking and Financial Services and Health Related Industries

According to Indian market analysts 2008 will be the year of infrastructure companies and infrastructure funds should give the highest returns on your investments for many years to come.

Tata Mutual Fund