Where to invest in 2024 India?
It is estimated that India's EV market can reach $7.09 billion by 2025. So, we can surely say that India's need for renewal energy will increase and so technology. IT: - The share of IT Industry in India's GDP was 8% in 2020 which is expected to rise further by 10% by 2025.
| S.No. | Company | Industry/Sector |
|---|---|---|
| 1. | Tata Consultancy Services Ltd | IT - Software |
| 2. | Infosys Ltd | IT - Software |
| 3. | Hindustan Unilever Ltd | FMCG |
| 4. | Reliance Industries Ltd | Refineries |
- Inflation worries should continue to fade.
- Health care and tech are poised for success.
- M&A wave is here to stay.
| Name of the fund | 10-year returns (in %) | Estimated returns (in Rs) |
|---|---|---|
| Quant Active Fund | 23.95 | 2,78,67,688 |
| Invesco India Multicap Fund | 19.57 | 1,36,13,663 |
| ICICI Prudential Multicap Fund | 18.24 | 1,09,41,732 |
| Nippon India Multicap Fund | 18.23 | 1,09,23,726 |
- Savings Account. A savings account is a simple and secure way to accumulate small amounts of interest on your money. ...
- Liquid Funds. ...
- Fixed Maturity Plans. ...
- Arbitrage Funds. ...
- Bank and Post Office Fixed Deposit (FD) ...
- Recurring Deposit. ...
- 5-Yrs National Savings Certificate. ...
- Monthly Income Schemes.
It is estimated that India's EV market can reach $7.09 billion by 2025. So, we can surely say that India's need for renewal energy will increase and so technology. IT: - The share of IT Industry in India's GDP was 8% in 2020 which is expected to rise further by 10% by 2025.
- Technology: India's booming tech sector, fueled by digital adoption and government initiatives like 'Digital India,' offers significant opportunities. ...
- Infrastructure: ...
- Healthcare: ...
- Consumer Staples: ...
- Green Energy:
In 2024 information technology, healthcare, and renewable energy are set to soar. The tech industry will thrive due to digital demand. Healthcare expands with a growing population and health consciousness. Additionally, clean energy initiatives will fuel the renewable energy sector.
- High Tech.
- Pharma.
- Financial Services.
- Healthcare.
- Private Equity.
- Food/Agritech.
With interest rates having peaked last year, growth stocks such as small caps may be poised for a strong performance in 2024. Small-cap stock funds can earn sizable returns over time, and the best small-cap ETFs can earn double-digit returns annually for years.
What if I invest $1,000 in mutual funds for 10 years?
(You must convert the rate of return to the monthly figure through dividing by 12). You also have n = 10 years or 120 months. FV = Rs 1,84,170. So, the future value of a SIP investment of Rs 1,000 per month for 10 years at an estimated rate of return of 8% is Rs 1,84,170.
If you were to stay invested for a shorter duration, say 20 years, you'd invest Rs 2,40,000, but your portfolio value would be Rs 9.89 lakh. A decade-long investment of Rs 1,000 per month would equal Rs. 2,30,038, as compared to Rs. 1,20,000 invested over the same period.
The mutual fund category most often providing the highest return is small-cap funds. Read on to know the current risks associated. A small-cap mutual fund is by default, most often, the category with the highest returns, especially this year with a massive 51.8 per cent return.
Time to double money under Mutual Funds
Money experts say that if one remains invested in a disciplined way, in the long run, mutual funds can give around 12-15% returns.So, an investment of ₹1 lakh in MFs will double ( ₹2 lakh) in six years assuming a 12% interest rate.
| Investment Option | Safety Level | Returns |
|---|---|---|
| RBI Bonds | Very High | 7.15%* |
| Government Bonds and Securities | Very High | 6-7%* |
| Debt Mutual Funds | Medium | 6-8%* |
| Sukanya Samriddhi Yojana (SSY) | Very High | 7.6* |
- High-yield savings accounts.
- Certificates of deposit (CDs) and share certificates.
- Money market accounts.
- Treasury securities.
- Series I bonds.
- Municipal bonds.
- Corporate bonds.
- Money market funds.
India is the fastest-growing major emerging market. Capital Economics sees growth of over 6 per cent in 2024, ahead of China and rapidly expanding countries such as Indonesia and Taiwan.
| SNo | Sectors |
|---|---|
| 1. | IT |
| 2. | Healthcare |
| 3. | FMCG |
| 4. | Renewable Energy |
- Health care.
- Real estate.
- Materials.
- Energy.
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Life Insurance | 910.60 |
| 2. | Dr Reddy's Labs | 6084.45 |
| 3. | Shree Cement | 25950.20 |
| 4. | Hero Motocorp | 4639.00 |
Will there be a recession in 2024 in India?
In the complex tapestry of India's economic landscape, the year 2024 unfolds against the backdrop of a challenging phenomenon - the recession. Understanding the effect of recession in India is crucial as we navigate through a period that brings forth both obstacles and possibilities.
- Adani Enterprises Ltd. Major incubating businesses are picking up momentum. ...
- Adani Total Gas Ltd. Favourable demand prospects backed by competitive advantages of CNG and PNG. ...
- Grasim Industries Ltd. ...
- Hindalco Industries Ltd. ...
- ITI Ltd. ...
- Tata Consultancy Services Ltd. ...
- Tata Steel Ltd.
- Health and Insurance Sector.
- Renewable energy Sector.
- IT Sector.
- Real Estate Sector.
- Broadcom Inc. (NASDAQ:AVGO)
- Eli Lilly and Company (NYSE:LLY)
- JPMorgan Chase & Co. (NYSE:JPM)
- Berkshire Hathaway Inc. (NYSE:BRK-B)
- Apple Inc. (NASDAQ:AAPL)
- Visa Inc. (NYSE:V)
- Alphabet Inc. (NASDAQ:GOOG)
The U.S. economy avoided the recession forecast for 2023. Experts now say a soft landing or mild recession is possible in 2024. These tips can help investors prepare for the unexpected.
