Equity, debt, gold, or real estate – which one to bet for in 2024? Keep this in mind while tweaking your asset mix
debt, gold or real estate which asset classes are likely to outperform in 2024, is a question most investors are looking for an answer. This becomes important for investors to give a final shape to their asset mix decision so that their investment portfolio not only delivers good return but also becomes secure enough to deal with any volatility or adverse market movements.
We tell you how these different asset classes are likely to perform in 2024 and how you should adjust your investment exposure to these assets.
Why equities will remain most preferred asset class for many
The equity market is known to deliver one of the highest returns among various asset classes in the long run and this is not going to change much in 2024. «Looking ahead to 2024, the optimistic outlook is grounded in improving global and domestic landscapes, with factors such as softened inflation, early adjustments in monetary policy rates, and reduced crude oil prices contributing to resilience,» says Girirajan Murugan, CEO, FundsIndia.
2024 could be a special year for India as it has come out as a much more resilient economy after the successful handling of the coronavirus pandemic and war-related global disruptions.
“A global rebalancing of trades works favourably for India, positioning the country to gain global market share across various industries. Opportunities span a wide spectrum, with a particular focus on the large manufacturing footprint and the resilient services industry, both of which areglobally competitive,” says Kenneth Andrade Founder, Director — Old Bridge Capital Management & CIO — Old Bridge Asset Management.
With growth-oriented policies delivering on ground, India is expected to be the preferred choice of equity investors.
