We are upgrading our transaction portal and will be back soon.

Mutual Funds Investment, India:

The asset manager for a changing world

Annual Outlook 2020 | BNP Paribas Mutual Fund

Annual Outlook 2020

It is time for us to bid adieu to the uncertainty of the teens (2010s) and gear up to welcome the promise of the Roaring Twenties (2020s).

A century ago, ‘Roaring Twenties’ was a term given to the 1920s - a decade of economic growth and widespread prosperity in developed countries like North America, Europe and Australia, among others. The period was characterised by recovery from wartime devastation and deferred spending, a boom in construction and rapid growth of consumer goods like automobiles and electricity, signalling a large, positive change in the economies.

We expect the next decade to be a time of similar positive change for India. An opportunity to learn from its teens and set into motion its journey towards becoming a USD 5 trillion economy. In the teens, we saw the government implement a host of policy initiatives like the Goods & Services Tax (GST) and the Bankruptcy Bill that were focused on streamlining business activity in the economy. However, even as we began to reap the benefits of these initiatives, a conflation of global and domestic events affected the consumption cycle and growth in the country.

The recently announced government measures like the cutting of corporate tax rates, labour reforms and de-criminalising of aspects of the Companies Act, coupled with conducive global liquidity factors could act as building blocks for the economic recovery in the upcoming decade. This growth is incumbent upon the successful implementation of these measures and other such initiatives that can provide a fillip to manufacturing and drive consumption. In this year’s Annual Outlook, we take a closer look at the themes that could play out in the year ahead and help build the base for India’s Roaring Twenties.

We expect to see further formalisation of the economy and a more rapid migration towards the financialisation of savings. Moreover, a focused approach by the government to invest in human resources and import substitution could add muscle to the economic recovery and ensure that growth in the upcoming decade is built on a strong and enduring foundation. Most importantly, ESG is not just a buzzword anymore. Investors, policy makers and corporates are warming up to the idea of sustainable and responsible investing. Organisations and stakeholders will be required to adapt to the new norms of providing smarter, cleaner and healthier products and services.

While we expect India to witness a gradual, but firm recovery, we will continue to keenly observe global developments that could have a local impact.

At BNP Paribas Asset Management India, we strive to keep an eye on the changing landscape. Changes, that create opportunities for delivering long term, sustainable growth for our investors and partners.

We hope that this Annual Outlook is a testament to that commitment and makes for an enriching read.

Disclaimers: The material contained herein has been obtained from publicly available information, internally developed data and other sources believed to be reliable, but BNP Paribas Asset Management India Private Limited (BNPPAMIPL) makes no representation that it is accurate or complete. BNPPAMIPL has no obligation to tell the recipient when opinions or information given herein change. It has been prepared without regard to the individual financial circumstances and objectives of persons who receive it. This information is meant for general reading purpose only and is not meant to serve as a professional guide for the readers. Except for the historical information contained herein, statements in this publication, which contain words or phrases such as ‘will’, ‘would’, etc., and similar expressions or variations of such expressions may constitute ‘forward-looking statements’. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. BNPPAMIPL undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof. The words like believe/belief are independent perception of the Fund Manager and do not construe as opinion or advise. This information is not intended to be an offer to sell or a solicitation for the purchase or sale of any financial product or instrument. The information should not be construed as an investment advice and investors are requested to consult their investment advisor and arrive at an informed investment decision before making any investments. The Trustee, Asset Management Company, Mutual Fund, their directors, officers or their employees shall not be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages arising out of the information contained in this document.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Download Pdf

Need help?


Need help?

Our specialists are here to address your queries.

Scheme Riskometer**

**Basis portfolio of the scheme as on September 30, 2021


*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

Benchmark Riskometer**

**Basis constituents of the index as on September 30, 2021


Are you new to Mutual Fund?

Before going in deep, Let us understand you little bit better. And we will provide proper guidince accordingly.

Yes, Let's start from basic No, I want to continue