Back in the Roman Era, whenever there was a dire need to construct a public infrastructure or even a trading venture, Romans, including kings and merchants, pooled their resources to fund large-scale projects. The legitimacy of this account is still debatable, but the first ever recorded account of a professionally managed collective investment scheme could be traced back to the Dutch Republic. Abraham van Ketwich, a prominent businessman based in Amsterdam, is widely recognized as the visionary behind this milestone achievement.
Fast forward to 2023, the rapidly changing landscape coupled with technological innovation has led to the birth of newer and more lucrative investment opportunities through resource pooling. Some of the best investment opportunities in the spectrum empower you to own beyond dream assets such as a digital copy of a piece of a famous painting, a shopping mall or even a high-end luxury villa.
Rise of Mutual Funds – Mutual funds were one of the pioneers to initiate the phenomenon of collective resource allocation in the mid-20th Century in India. The lucrative nature of the business, easy access and pocket-friendly structure created a mass appeal and interest in the investor community for the asset class. Initiated in 1963 by the Government of India to promote private investment in the market and encourage saving sentiment, this trend witnessed a massive acceleration through private sector participation post the LPG in 1991.
Fractional ownership in US equities – With the emergence of fractional ownership in US equities, it is now possible for Indian investors to own a share of some of the technology giants such as Apple, Microsoft, Google, etc. New-age tech-enabled platforms have made it possible
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