At the FSA Income Forum, Jagwani explained the strategy of the UTI Indian Fixed Income Fund.
In the video he answers three questions about trends in the bond market in India.
He believes India needs a tremendous amount of capital going into its massive infrastructure drive over the next decade.
If $1trn of infrastructure investment is needed, out of that amount $350bn of debt funding will be needed. Not all will be within India.
“We will see explosive expansion of the offshore issuance of Indian debt,” he says.
