![Benefiting From Innovation-Related Opportunities](https://cdn.magzter.com/Dalal Street Investment Journal/1682000564/articles/RwgPacyW81682088617871/BENEFITING-FROM-INNOVATIONRELATED-OPPORTUNITIES.jpg)
Innovation is about imagining the future and filling the gaps. World over, companies are dealing with cutting-edge innovations and making things better. As an investor, you have an opportunity to tap the potential of innovation and grow your portfolio by siding up with enterprises that adopt innovative strategies. To do this, you do not need to be a venture capital investor or a wealthy individual. The humble mutual fund route offers you the same opportunity for a low ticket size, thus again democratising wealth creation opportunities.
This story is from the April 10, 2023 edition of Dalal Street Investment Journal.
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This story is from the April 10, 2023 edition of Dalal Street Investment Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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![How Much Salary To Invest in Mutual Funds?](https://reseuro.magzter.com/100x125/articles/443/1766515/pmOcgy_8q1721049022816/crp_HOW-MUCH-SALARY-TO-INVEST-IN-MUTUAL-FUNDS.jpg)
How Much Salary To Invest in Mutual Funds?
Mutual funds can be the cornerstone of your financial success. By understanding their benefits, aligning them with your goals and investing consistently, you will be well on your way to achieving your financial dreams. The article highlights how you can use mutual funds to make your dreams come true
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Witnessing a Slow Turn
The information technology (IT) and business process management (BPM) sector has emerged as a major driver of growth for the Indian economy, playing a crucial role in boosting the country's GDP and enhancing public welfare.
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On the Move
FY 2023-24 was a year of record results and growth for the tourism industry, driven by favourable demographics, increasing employment, higher disposable incomes of a young middle class, robust domestic demand, increased investments and improving infrastructure and connectivity.
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Maintaining Profitable Fitness
Healthcare has emerged as one of India's most expansive and significant sectors, both in terms of revenue and jobs. It includes hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment.
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High Potential for Wealth Generation
India's financial sector is highly diverse and rapidly expanding, marked by strong growth from existing financial services firms and the entry of new entities.
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Focusing on Rural Markets
The Indian fast-moving consumer goods (FMCG) sector, the fourth-largest in the country, is a key driver of economic growth, consumption and job creation.
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Painting a Promising Picture
The electrical industry is projected to reach a whopping USD 520 billion by 2025, driven by a surge in demand for electronic products expected to hit USD 400 billion by 2025, up from USD 33 billion just a few years ago (FY20).
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A Rising Demand Curve
The consumer durables industry is categorised primarily into two segments by product categories: major appliances and small domestic appliances.
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Urbanisation Triggers Tremendous Growth
India's construction material sector is a cornerstone of the nation's economic growth, propelling infrastructure development and generating significant employment.
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On a High-Growth Trajectory
The Indian chemical sector is a major contributor to the nation's economic engine, contributing 7 per cent to the GDP. Encompassing a diverse range of products from bulk chemicals and fertilisers to speciality chemicals, petrochemicals and polymers the industry caters to various downstream sectors.