Investment Tips: NITI Aayog has recently presented Vision 2047, in which it has been told where India will stand in the next 25 years. On this basis, the team of veteran investors has prepared an assessment that the size of mutual funds in the country will also increase rapidly during this period and investors will get huge benefits.
New Delhi. Indian economy is now on the path of growth after overcoming challenges like inflation and recession. Investors from across the country and the world are benefiting from this. The Indian stock market achieved a jump of 10 thousand points in the year 2023 and the mutual fund industry has also crossed the historical figure of assets of Rs 50 lakh crore. In such a situation, the country’s veteran investment experts and players have predicted that there will be no decline in the mutual fund industry for the next 25 years.
Mahindra Manulife Mutual Fund MD and CEO Anthony Heredia, CIO Krishna Shanghvi and CMO Jatinderpal Singh revealed the economic growth and investment options through the economic special issue India-2047. He said, India will develop rapidly by the year 2047. Its economy will reach new heights. During this period, there are full indications of good growth from stock market to mutual funds and corporate. Sandeep Bhushetty, CEO of investment platform Chatur Investment, said that India has recently celebrated the Amrit Mahotsav of Independence. In this, the government has given a clear vision of where the Indian economy will be after 25 years.
Which sector has the maximum growth?
The government has clearly stated in Vision 2047 that the Indian economy will get maximum growth from the infrastructure sector. An investment of around Rs 143 lakh crore is expected here from 2024 to 2030. Obviously, companies related to these sectors will also see growth during this period and the stock market and mutual funds will directly benefit from it.
Apart from this, there is a possibility of tremendous boom in the real estate sector by 2047. In a recent report released by Knight Frank, it has been said that after 25 years i.e. in 2047, India’s real estate market will be worth 58 trillion dollars. Currently its total size is 477 billion dollars. This means that the real estate sector will grow manifold. The contribution of this sector in India’s total industrial production will also increase to 15.5 percent, which is currently 7.3 percent. Obviously, there will be tremendous growth in the companies and mutual funds related to this sector.
Therefore demand is expected to increase
It has also been told in the report that with the economic development of the country, private consumption will also increase rapidly and if money comes into the hands of people, investment will also increase manifold. The report says that currently India is the 5th largest economy, but by 2047 it can become the second largest economy. During this period, per capita income will be 15 thousand dollars i.e. about 12.45 lakh rupees. Obviously, if people get money in their hands, they will invest in good schemes.
Statistics show that by the year 2030 the total investment will increase to Rs 195.5 lakh crore and by 2040 it will reach Rs 591 lakh crore. This figure will cross Rs 1,273 lakh crore by 2047. The Indian market will benefit from this and the size of the mutual fund industry will also increase rapidly.
Starting a thousand will make you a millionaire
During this time, if a person starts investing just Rs 6,000 every month in mutual funds through SIP, then he will easily become a millionaire by 2047. The total investment in 25 years will be only Rs 18 lakh, whereas if we consider the annual return of 12 percent, then on maturity, a total refund of Rs 1.13 crore will be given. That means you will become a millionaire even by starting with Rs 6,000.
