• Rohini. S
• Dr. M. Jayanthi

This study investigates the impact of Union Budget announcements on the deployment of equity mutual funds across various sectors in India. The deployment of equity mutual funds serves as a vital indicator of investor sentiment and market dynamics, yet the influence of budgetary decisions on these allocations remains underexplored. Utilizing a quantitative research design, we analyze historical data on equity mutual fund deployment before and after budget announcements, employing paired samples t-tests to assess significant differences among sectoral fund allocations. The findings reveal that budget announcements do not result in statistically significant changes in fund deployment across most sectors, indicating a potential disconnect between government policy and market response. The study provides valuable insights for policymakers, fund managers, and investors, highlighting the need for deeper understanding of investment behavior in response to budgetary measures. By shedding light on the complex dynamics between fiscal policy and equity markets, this research contributes to the growing body of literature at the intersection of public policy and finance, offering implications for future research and investment strategies.

Equity Mutual Fund, Union Budget, Fund Deployment, Paired sample t test.

"IMPACT OF UNION BUDGET ANNOUNCEMENT ON THE DEPLOYMENT OF EQUITY MUTUAL FUNDS IN VARIOUS SECTORS IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 12, page no.e665-e678, December-2024, Available :http://www.jetir.org/papers/JETIR2412475.pdf

"IMPACT OF UNION BUDGET ANNOUNCEMENT ON THE DEPLOYMENT OF EQUITY MUTUAL FUNDS IN VARIOUS SECTORS IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 12, page no. ppe665-e678, December-2024, Available at : http://www.jetir.org/papers/JETIR2412475.pdf