Festive season: Key investment opportunities for significant growth

As the festive season nears, investors can explore retail, technology, and travel sectors for high returns. India's growing economy, driven by reforms and rising disposable incomes, offers opportunities in mutual funds and private banks for long-term growth

Livemint
Updated19 Sep 2024, 02:33 PM IST
Investors have a unique chance to capitalize on opportunities that promise high returns.
Investors have a unique chance to capitalize on opportunities that promise high returns.

As the festive season approaches, it's a prime time to explore investment opportunities that can lead to significant growth. Investors have a unique chance to capitalize on opportunities that promise high returns.

Jyoti Bhandari, Founder and CEO of Lovak Capital, says that this period often sees increased consumer spending, making sectors like retail, technology, and travel particularly attractive for investment. “Consider buying shares of companies likely to benefit from this seasonal uptick in spending. Additionally, digital assets and fintech areas are thriving as more people engage in online transactions. Real estate can also be a smart investment if you focus on regions where demand spikes during festivities,” said Jyoti Bhandari.

Also Read | When should you sell your mutual fund investments? Experts weigh in.

Investing Smartly This Festive Season for Long-Term Growth

India's growing presence in global markets is evident through its rising share in the MSCI Emerging Markets Index. The country will become the third-largest economy by 2027, driven by reforms, infrastructure development, and job creation. “With increasing disposable incomes, consumer spending is set to rise, further boosting economic growth. India’s macroeconomic stability enhances investor confidence, and initiatives like “Make in India” are solidifying its role as a manufacturing hub, especially in sectors like defense and electronics,” said Achal Darbari, Financial Wellness Partner, GALF, and CEO, Zambala.

 

Also Read | NPS Vatsalya: How ₹10K annual investment will make your child crorepati

Government reforms and improved infrastructure create an attractive investment environment. Rising tax and GST collections also provide stability against fluctuating foreign investments. “To leverage India’s growth, investors should consider mutual funds for diversified exposure, private banks for strong performance, and sectors like IT and healthcare for long-term potential. Key strategies include diversifying portfolios, using systematic investment plans, focusing on long-term gains, and staying updated on economic trends. Consulting a financial advisor can help align investment strategies with personal goals and risk tolerance,” said Achal Darbari.

Also Read | Sebi’s proposed changes can spruce up investment advisory regulations

By strategically investing in these areas, you can take advantage of the festive season's economic boost and position yourself for long-term growth.

Read all our personal finance stories here

Disclaimer: The views and recommendations made above are those of individual analysts, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.

 

Catch all the Instant Personal Loan, Business Loan, Business News, Money news, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:19 Sep 2024, 02:33 PM IST
Business NewsMoneyPersonal FinanceFestive season: Key investment opportunities for significant growth

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Tata Steel share price

    147.55
    03:59 PM | 8 NOV 2024
    -3.35 (-2.22%)

    Tata Motors share price

    805.70
    03:58 PM | 8 NOV 2024
    -14.1 (-1.72%)

    Indian Hotels Company share price

    733.05
    03:51 PM | 8 NOV 2024
    49.45 (7.23%)

    Ashok Leyland share price

    222.00
    03:59 PM | 8 NOV 2024
    6.2 (2.87%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Aarti Industries share price

    474.75
    03:59 PM | 8 NOV 2024
    -40.3 (-7.82%)

    Signatureglobal India share price

    1,274.45
    03:29 PM | 8 NOV 2024
    -107.95 (-7.81%)

    Great Eastern Shipping Company share price

    1,200.50
    03:29 PM | 8 NOV 2024
    -90.45 (-7.01%)

    GMM Pfaudler share price

    1,282.90
    03:29 PM | 8 NOV 2024
    -92 (-6.69%)
    More from Top Losers

    Indian Hotels Company share price

    733.05
    03:51 PM | 8 NOV 2024
    49.45 (7.23%)

    Vijaya Diagnostic Centre share price

    1,098.90
    03:29 PM | 8 NOV 2024
    71.45 (6.95%)

    Motilal Oswal Financial Services share price

    996.05
    03:59 PM | 8 NOV 2024
    61.85 (6.62%)

    One 97 Communications share price

    848.15
    03:58 PM | 8 NOV 2024
    52.35 (6.58%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      79,375.00-110.00
      Chennai
      79,381.00-110.00
      Delhi
      79,533.00-110.00
      Kolkata
      79,385.00-110.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.92/L0.00
      Chennai
      100.80/L0.00
      Kolkata
      104.95/L0.00
      New Delhi
      94.77/L0.00

      Popular in Money

        HomeMarketsloanPremiumMint Shorts
          翻译: