Indian art, as ancient as civilization, has undergone several transformations influenced by cultural diversity and exceptional artistic styles. Famous for richness in traditional artworks, like Mughal paintings, sculptures, India’s dynamic artistic legacy goes on with its enchanting contemporary paintings.
Given the current exposure that Indian art is receiving for its distinguished designs, the projected turnover of the market will hold its ground, and expand over the next decade.
It is safe to expect an increment in prices, given the steady growth in demand and the limited supply of auction-quality artworks. Investment in art as an asset with long-term tangible value and as an instrument to hedge against inflation has done exceptionally well during inflationary periods. The Indian art auction market has even stood its ground through the course of the past year, hereby registering records and further cementing the trust that the market has evolved to achieve.
Collecting art can be seen as a passion with an investment value and can be included in any sophisticated asset planning strategy. Domestic collectors have a discerning appetite for good quality works and based on the performance of the segment, there are many enthusiasts racing to build their collection. A surge in demand has been witnessed in the sub-continent.
Good art will always garner demand, and the prices for masterpieces by seminal artists will remain steady since they are historic as well as the leverage of a rich provenance.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Gold ETFs And FoFs
While Indians love to invest in physical gold, even mutual funds offer the option, but in paper format.
PLANNING TO BUY CHILD INSURANCE? THINK TWICE
Child insurance plans combine insurance and investment but often offer low returns due to high costs, making a combination of a term insurance cover and mutual fund a better option for securing your child’s higher education needs
How Do You Define Happiness?
Money does buy happiness, but after a while, the appeal fades. We talk about our relationship with money, but, maybe, it’s time to revisit our relationship with happiness
Avoid Crypto As It Is Highly Volatile
I am 22 years old and have recently started working. I want to invest a small portion of money in cryptocurrency. How should I go about it? Does it require a huge capital investment?
Invest Right, Don't Speculate
The lure of high returns and quick gains from equity tips, cryptocurencies, and equity F&O can be enticing. But remember, return of capital is more important than return on capital
The Wedding & Budget: Is Minimalist Trend The Right Knot For You?
Indian weddings are known for their pomp and grandeur, but minimalist weddings are also in vogue now. Dia Mirza was one such celebrity who went for a minimalist wedding. If you also want to keep things minimal on your big day, here’s how to do it
Here's How To Buy An ETF?
Mutual funds are the preferred choice for retail investors. However, they come at a cost and fund management risk, apart from other risks. A smarter alternative is to invest through ETFs.
How Passive Funds Help Diversify
Passive funds provide a simple way to invest in broad markets as well as in specific themes and sectors, making them ideal for an investor's satellite portfolio
The Rise Of Passive Funds
The popularity of passive funds among retail investors has risen post Covid, and fund houses are out with many variations of ETFs and index funds. Does this category present a new opportunity for investors?
Tax Reforms: What's In Store?
The government is working on reforming the existing Income-tax Act, 1961. The impending reforms have raised many questions in the minds of taxpayers. Will the old regime and deductions be done away with? Will it really simplify your life? What's the need for these reforms? We try to answer these and other questions regarding tax reforms