Art as investment: How to build a collection that will last in value

It is an asset that long-term commitment and keen interest in trends and taste

The art market in India has grown in recent years. Estimates suggest the total worth of artworks auctioned annually amounts to nearly $100 million. An art aficionado who wishes to invest in this asset class, however, faces multiple challenges. It is difficult to get a sense of how the market is performing. 
 

An equity investor can look up the performance of the Sensex to assess if investing in equities is a worthwhile endeavour. In the absence of an index, an art investor found it difficult to make a similar assessment. Until recently, that is. The Indian Institute of Management Ahmedabad