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"If you want to participate in the markets aggressively, you just have to stay invested in the Tata companies. There will be phases where it might not do as well, so be it. I mean, you cannot play this market 2020 on a daily basis but as a long-term investor, Tata Group is clearly the best proxy to play the India story.”
In times of economic uncertainty and rising inflation, investors seek refuge in assets that can withstand the eroding effects of a depreciating currency.
The total private wealth in the country surged to USD 15.4 trillion in 2022, as more and more young entrepreneurs invaded the hallowed portals of millionaires. A BW Businessworld special report on the tectonic shift in business strategies and the ethos of wealth creation, , magazine 23 september 2023, Wealth Creator
This is the final part of our annual Wealth Creator series where we discuss stocks and mutual fund (MF) schemes that have created the maximum wealth for investors in the past decade.
Mukesh Ambani-led Reliance Industries saw an increase in market capitalisation by a whopping Rs 13 trillion between 2017 and 2022, says a study by Motilal Oswal Financial Services.