Tax Cuts = Growth in Consumption! When the government cuts taxes: 1. People have more money in their pockets. 2. Disposable income increases. 3. Consumers are more likely to spend on goods and services. 4. Demand for consumer goods increases. As a result —Consumption funds are likely to benefit from the growth in consumer spending. What are consumption funds? Consumption funds are a type of mutual fund that invests in companies that benefit from consumer spending. (FMCG, retail, autos). Key features: - 30 consumption funds in India - ₹36,826 crore assets under management - Average return: 18.57% Have you invested in FMCG? ❤️Yes 🙏No