Top 5 Mutual Funds with High Exposure to EV Revolution - PersonalFN

The Indian electric vehicle (EV) industry is experiencing a rise in popularity as government regulations encourage wider adoption. With advancements in battery technology and growing consumer demand, EVs are becoming a viable option for drivers. India aims to become an EV manufacturing hub, with the market projected to reach $150 billion by 2030. Investors are looking to benefit from the growth potential of EV stocks, which represent companies involved in EV production, sales, and distribution. The industry received a boost in the 2023-24 Union Budget, which allocated funds for capital investments and initiatives supporting EV adoption.

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