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Economic Times
18 hours ago
- Health
- Economic Times
Why you should invest in health and wellness sector for improved financial health
You've heard it time and again — 'Health is wealth.' But as one approaches middle age, this adage becomes more than just a cliché. Rising medical costs, especially due to chronic conditions like diabetes, cardiovascular complications, and lifestyle diseases, begin to weigh heavily on personal finances. Tired of too many ads? Remove Ads 1. Demographics Are Destiny Tired of too many ads? Remove Ads 2. Healthcare Is a Lifelong Necessity 3. A Deep, Diversified, and Growing Investable Universe Supplies 50% of Africa's generic medicine needs Accounts for 40% of generic drugs in the US Covers 25% of the UK's medicine requirements This leadership is driven by low R&D costs (one-fourth of the US) and manufacturing costs (less than half of the US), ensuring global competitiveness that is unlikely to diminish soon. Proven Performance Conclusion (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of .) You've heard it time and again — 'Health is wealth.' But as one approaches middle age, this adage becomes more than just a cliché. Rising medical costs, especially due to chronic conditions like diabetes, cardiovascular complications, and lifestyle diseases, begin to weigh heavily on personal finances. These costs also tend to push up health insurance premiums, affecting your financial what if you could turn these rising healthcare expenses into an investment opportunity?As the saying goes, 'Peter's loss is Atul's gain.' While illness may be a personal financial setback, investing in the health and wellness sector — through sector-specific mutual funds — can allow you to benefit from the very dynamics that are otherwise draining your acting as a natural hedge against medical inflation (which in India has historically been twice the rate of overall inflation), here are three compelling reasons why the healthcare sector deserves a dedicated allocation in your investment portfolio:Life expectancy in India has more than tripled over the last century and continues to rise. By 2050, 21% of India's population is projected to be aged 60 and above. This aging demographic will drive demand for healthcare services, creating sustainable long-term business opportunities across pharmaceuticals, diagnostics, home care, and infancy to old age, healthcare expenditure is constant — only its nature and size change over life stages. According to BCG, the current decade will see a 34% rise in cardiac and diabetes cases, and a 41% increase in cancer incidence. This realization probably explains why a 2024 McKinsey study found that Indian consumers lead wellness and fitness spending across emerging markets — indicating a societal shift towards preventive care and lifestyle health and wellness sector has expanded beyond traditional pharmaceuticals and hospitals. It now includes Clinical Research Organisations (CROs), Contract Development & Manufacturing Organisations (CDMOs), Medtech, Diagnostics, Insurance, Nutraceuticals, and Fitness brands. Over 100 companies, with a combined market capitalisation of $200 billion, offer a deep and diverse pool of investment — across large-cap, mid-cap, and small-cap pharmaceutical sector, in particular, highlights the country's global dominance:The BSE Healthcare Total Return Index has outperformed the BSE 500 Total Return Index over 1, 3, 7, and 15 years, as the earnings of the healthcare index constituents have outpaced those of the BSE 500 constituents over the past 14 years. This shows that investors with a medium- to long-term investment horizon may find it beneficial to have a satellite allocation to a sector fund betting on this medical costs rise, smart investors are turning to the health and wellness sector not just as a hedge, but as a high-growth investment theme. By aligning your portfolio with this essential and ever-expanding sector, you not only safeguard your wealth — you also grow it.
Time of India
18 hours ago
- Health
- Time of India
Why you should invest in health and wellness sector for improved financial health
You've heard it time and again — 'Health is wealth.' But as one approaches middle age, this adage becomes more than just a cliché. Rising medical costs, especially due to chronic conditions like diabetes, cardiovascular complications, and lifestyle diseases, begin to weigh heavily on personal finances. These costs also tend to push up health insurance premiums, affecting your financial planning. But what if you could turn these rising healthcare expenses into an investment opportunity? by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Support elderly mothers. Donate Today HelpAge India Donate Now Undo As the saying goes, 'Peter's loss is Atul's gain.' While illness may be a personal financial setback, investing in the health and wellness sector — through sector-specific mutual funds — can allow you to benefit from the very dynamics that are otherwise draining your savings. Beyond acting as a natural hedge against medical inflation (which in India has historically been twice the rate of overall inflation), here are three compelling reasons why the healthcare sector deserves a dedicated allocation in your investment portfolio: 1. Demographics Are Destiny Life expectancy in India has more than tripled over the last century and continues to rise. By 2050, 21% of India's population is projected to be aged 60 and above. This aging demographic will drive demand for healthcare services, creating sustainable long-term business opportunities across pharmaceuticals, diagnostics, home care, and insurance. Live Events 2. Healthcare Is a Lifelong Necessity From infancy to old age, healthcare expenditure is constant — only its nature and size change over life stages. According to BCG, the current decade will see a 34% rise in cardiac and diabetes cases, and a 41% increase in cancer incidence. This realization probably explains why a 2024 McKinsey study found that Indian consumers lead wellness and fitness spending across emerging markets — indicating a societal shift towards preventive care and lifestyle management. 3. A Deep, Diversified, and Growing Investable Universe The health and wellness sector has expanded beyond traditional pharmaceuticals and hospitals. It now includes Clinical Research Organisations (CROs), Contract Development & Manufacturing Organisations (CDMOs), Medtech, Diagnostics, Insurance, Nutraceuticals, and Fitness brands. Over 100 companies, with a combined market capitalisation of $200 billion, offer a deep and diverse pool of investment — across large-cap, mid-cap, and small-cap segments. India's pharmaceutical sector, in particular, highlights the country's global dominance: Supplies 50% of Africa's generic medicine needs Accounts for 40% of generic drugs in the US Covers 25% of the UK's medicine requirements This leadership is driven by low R&D costs (one-fourth of the US) and manufacturing costs (less than half of the US), ensuring global competitiveness that is unlikely to diminish soon. Proven Performance The BSE Healthcare Total Return Index has outperformed the BSE 500 Total Return Index over 1, 3, 7, and 15 years, as the earnings of the healthcare index constituents have outpaced those of the BSE 500 constituents over the past 14 years. This shows that investors with a medium- to long-term investment horizon may find it beneficial to have a satellite allocation to a sector fund betting on this theme. Conclusion As medical costs rise, smart investors are turning to the health and wellness sector not just as a hedge, but as a high-growth investment theme. By aligning your portfolio with this essential and ever-expanding sector, you not only safeguard your wealth — you also grow it. Sanjay Chawla is CIO – Equity, Baroda BNP Paribas Mutual Fund
Time of India
2 days ago
- Time of India
Out for morning walk, two friends die in hit & run in Ghazaiabad
Ghaziabad: Two neighbours who'd been friends for a decade were run over at the Rotary roundabout in Raj Nagar Extension while they were on an early morning walk, a ritual they had followed for years, on Friday. According to police, Subhash Singh (57) and Kamlesh Yadav (45), residents of Brij Nagri in Nandgram, left for the walk around 5am. They were on their way back around 5.30am when a four-wheeler rammed into them from the back. Its driver sped away. Kamlesh's son Atul told TOI some neighbours informed the family about the accident. "We reached the spot and took them to a nearby hospital. Both of them succumbed to their injuries within an hour," Atul said. Atul, a BJP functionary, said his father was the RWA president of the colony and Subhash was an e-rickshaw driver. "They had been friends for 10 years and were living in the area for the past five years. When Covid-19 happened, they decided to go for morning walks to become fit. They'd leave at 5am and return by 6am," Atul said. Nandgram ACP Poonam Mishra said a police team was rushed to the spot of the accident on Friday morning and was trying to gather information about the vehicle that hit the two men. "We have registered an FIR against an unknown driver under sections 106 (causing death by negligence) and 281 (rash driving or riding on a public place) of BNS at the Nandgram police station," the ACP said. Atul said there were few eyewitnesses near the roundabout at the time of the crash. The ACP said two teams have been formed to investigate the case. "Police are also checking CCTV footage of nearby areas to identify the vehicle," she said. 18 injured in DME accident Eighteen people on a Tempo Traveller were injured after its driver fell asleep at the wheel and collided with another vehicle on the Delhi-Meerut Expressway near Modinagar in the city on Friday. The accident was reported around 3am, when the mini-bus was ferrying pilgrims from Rajasthan's Dausa to Badrinath temple in Uttarakhand. Police said Gopal Sharma of Jaipur was driving the mini-bus and fell asleep. "This caused the mini-bus to lose control and collide with an unknown vehicle. The impact was so severe that the driver's side was badly damaged. Passengers managed to escape and those injured were admitted to a hospital in Meerut," a police officer said. Sharma was among the 18 injured. Cops said a case was being registered and they are on the lookout for the driver of the other vehicle too. Get the latest lifestyle updates on Times of India, along with Eid wishes , messages , and quotes !
Hindustan Times
24-05-2025
- Hindustan Times
Bengaluru man celebrates proud moment as son takes command as IndiGo pilot: 'We could not hold ourselves'
A heartwarming post from a Bengaluru father about his son's maiden flight as a captain pilot with IndiGo has touched many hearts on social media. The proud moment marked a significant milestone for the family, as his son completed his final check and release flight — a crucial step before officially being designated as a captain. (Also read: Scotsman travels on India's 'worst airline' and leaves pleasantly surprised. Watch) In a LinkedIn post, Anil Kant Choudhary described the profound shift in responsibility his son, Atul Choudhary, experienced when moving from the right seat to the left seat in the cockpit. He wrote, 'If one moves his regular seating by 3 feet, how much can that change his responsibilities? If that person happens to be a pilot, this movement can bring significant change. Moving from the right seat to the left seat in the cockpit suddenly makes the Senior First Officer (SFO) a Captain.' 'A captain makes crucial decisions besides guiding the co-pilots and crew members and preserving the trust of the passengers. At 30,000+ feet, a captain is like a guardian for everyone on his flight. A Captain is the Pilot In Command (PIC) for his aircraft.' Anil and his wife Archana ensured they were on board to witness this momentous occasion. He recounted, 'When our son told us that his final check and release flight before he becomes a captain is from Chandigarh to Bengaluru this Thursday, we could not hold ourselves. We travelled to Chandigarh the night before and blocked our seats on that flight. Boarding that flight and soaring at more than 30,000 feet was a different feeling.' Upon landing, the family celebrated Atul's promotion, symbolised by the upgrade from three stripes to four stripes on his shoulder. Anil extended gratitude to Captain Chetan, who observed and cleared the flight. He added, 'An elevation of the role demands additional expectations and responsibilities. I am confident Captain Atul Choudhary will deliver them effectively and preserve the trust of passengers and all the stakeholders.' Their message to Atul was simple and heartfelt: 'Keep Flying, Keep Enjoying! Our blessings are always with you.' IndiGo responded warmly to the post: 'Congratulations to you and your son, Captain Atul Choudhary! It's clear that his dedication, hard work, and passion for flying have been recognised and celebrated. We couldn't be prouder to have him as part of the IndiGo family! Wishing him continued success as he soars high, not just in the skies but in all his endeavours.' (Also read: Pakistani man travels to India on IndiGo flight, surprises Mumbai airport officials) The post has sparked over 100 comments celebrating Atul's success. One user wrote, 'Hearty congratulations to Atul on his stupendous achievement. Really a very proud moment for the parents.' Another added, 'Your journey is a beautiful reminder of how elevation in responsibility not only reshapes the individual but has a ripple effect on all those who support and believe in them. Wishing him continued success and safe flights ahead.'
India Today
24-05-2025
- Business
- India Today
Bengaluru man's post for son as he operates first flight as IndiGo pilot goes viral
A Bengaluru-based man's post about his son's first flight as a pilot with IndiGo went viral on social media as the proud moment marked a milestone for the a now-viral post on LinkedIn, Anil Kant Choudhary shared his pride as his son, Atul Choudhary, completed his final check and release flight, a major step before being designated a captain. advertisementThe flight flew from Chandigarh to Bengaluru on a Thursday, and Anil, along with his wife Archana, ensured they were on board to witness the moment. "It is a big moment for any pilot, but a much bigger one for the parents," Anil wrote. He described how the shift from the right seat to the left seat in the cockpit, a step from Senior First Officer to Captain that carries not only a new title but a weight of responsibility.'A captain makes crucial decisions, guides co-pilots and crew members, and upholds the trust of passengers,' he said in his post. The couple flew to Chandigarh a day before the flight and booked their seats on the same route. After the safe landing in Bengaluru, they had the honour of placing the fourth stripe on their son's shoulder, a tradition that marks his formal elevation to thanked Captain Chetan, who observed the flight and cleared Atul's release. He also expressed gratitude to IndiGo, Atul's flight school, and trainers in Gondia, as well as the CAE team in Madrid.'This promotion brings more expectations and responsibilities. I'm confident Atul will fulfil them with care and dedication,' he wrote.'Our message to our son is simple. Keep Flying, Keep Enjoying! Our blessings are always with you,' he said as he concluded his post. Take a look at the post here: IndiGo reacted to the post and congratulated Atul, welcoming him as a captain in the airline. 'Congratulations to you and your son, Captain Atul Choudhary! It's clear that his dedication, hard work, and passion for flying have been recognised and celebrated. We couldn't be prouder to have him as part of the IndiGo family! Wishing him continued success as he soars high, not just in the skies but in all his endeavours,' they said. This goes without saying that for Anil and Archana, it wasn't just a flight, it was watching their son rise to new heights. Tune InMust Watch
