Art’s no more an object, its Objet de’ valeur

For centuries Art has been appreciated by the social elites across globe, no wonder that a black and white Coke bottle on canvas by Andy Warhol was sold for $35.36 million at an auction.

This is just one recent example to quote from the long list of sky-high returns art has given, making ‘Art Fund’ lucrative investment option and adding diversity to the portfolio.

By definition, art funds operate like mutual funds and are managed by a Fund Manager who is specially qualified in selling, buying and maintaining art. People invest in art fund and without actually spending large sums of money individually on a particular art object and at the same time reap the benefits from appreciating art market.

Given that fact that Indian art makes up only about 1 per cent of the global art market, there is tremendous scope for art funds to grow.Some examples of established art funds in India are Osian's, Yatra, Copal Art, Crayon Capital and Indian Fine Art Fund.


Source : Multiple source