News From Press Young adults prefer to invest in stocks directly rather than mutual funds

Young adults prefer to invest in stocks directly rather than mutual funds

Source: Deccan Herald Nov 12, 2024

Significant percentage of young adults are increasingly preferring to directly invest in equity markets rather than opting for the mutual fund route, a report has said.

According to the report by Fin One, an initiative of fintech brokerage firm Angel One, 93 per cent of young adults are consistent savers, with the majority saving 20-30 per cent of their monthly income.

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