You’ve probably invested in stocks, property, gold and much more back home. But did you ever imagine that the piece of art you looked over in the exhibition during your visit home could be an asset in your investment portfolio? The answer is yes. Surprising but true! The Indian art market has matured to the extent that it is offering good long-term investment options!
According to art experts, art is the only form of investment where prices don’t come down. The advantages of investing in art don’t end right here, though. Art is not likely to be affected by the whims of the economy. Also, you get the aesthetic benefit of having bought something that you enjoy. These advantages have led to the growing popularity of the idea of art as a long-term investment option. A majority of buyers of contemporary Indian art have always been foreign nationals or Indians settled outside India.
So you’ve finally decide to go ahead and invest in art. Well, there are a couple of investment options that you may want to consider if you believe that investment in Indian art can fetch you better returns.
Art Funds
You need not buy art in its physical form. You have the option of electronically investing in units of art funds. The rise in demand for Indian art has prompted some art houses to launch mutual funds to ease investments in the Indian art market. The money collected through these art funds is used to buy actual art by renowned artists. Paintings and serigraphs are then held with the art house that launches these funds.
Paintings and Serigraphs
If you believe in investing in art in its physical form, you can contact several art houses which have branches in many cities across countries.
A word of caution before you take the plunge: you should always keep in mind that art is an illiquid asset. Also, not all pieces done by a renowned artist are masterpieces. You must be a connoisseur to recognize a masterpiece.
Source :ET
No comments:
Post a Comment