Infra-based mutual funds top winners in last 5 years of Modi govt

31 May 2024 CW Team

Infrastructure sector-based mutual funds, including Quant Infrastructure Fund, Invesco India PSU Equity Fund, and Nippon India Power & Infra Fund, have emerged as top performers during the last five years of the Modi government, delivering impressive absolute returns of up to 380%.

This trend underscores the sector's resilience and attractiveness for investors amidst evolving government policies and initiatives aimed at bolstering infrastructure development. Strategic measures such as Bharatmala, Sagarmala, and the National Infrastructure Pipeline (NIP) have stimulated investment and created a productive environment for infrastructure funds to flourish.

Additionally, budget allocations and transparent policies like land acquisition and asset monetisation have further fuelled growth in the sector. Looking ahead, the positive outlook for infrastructure funds is bolstered by on-going government emphasis on infrastructure development and targeted policies in key sectors.

However, investors are advised to conduct thorough research and select schemes carefully to optimise their investment outcomes, considering factors such as risk appetite and investment objectives.

(Source: ET Infra)

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..