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News From Press Indian households increase equity play via the SIP route

Indian households increase equity play via the SIP route

Source: Economic Times Jan 11, 2019

The share of equity investments in India’s household assets has reached a decade high following rising acceptance of mutual fund investments among retail investors. Data from RBI, AMFI, IRDA and MOSPI, compiled by CLSA, show that equity’s share in the country’s household assets increased to 4.6 per cent in FY18, the highest since FY08. It had dropped to 2.2 per cent in 2014 and has been gradually improving since then.

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