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 22 hours ago

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.

Click here to read

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

Treasures of Indian Gold ETFs double in 4 years to 54.5 tonnes: World Gold Council

Nifty sulking but mutual fund investors make up to 8% returns with Wall Street funds

LIC drags down life insurers' new business by 42% in Oct

No plan to bring clawback clause, says LIC MD & CEO Siddhartha Mohanty

Mutual funds step up: SIPs climb ticket ladder, one rung at a time

Coming soon, a new asset class to consider

Worried about stock market crash? It's time remind yourself about these basic truths

How to teach your children about money management, financial planning

Start equity investing early: How to teach your teen to invest in the stock market

LIC to complete stake buy in health insurance company by FY25-end, says Chairperson Siddhartha Mohanty

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

As regards Portfolio Management Services (PMS), what is your status

Actively selling PMS

Not selling PMS but considering it seriously

Not selling PMS and not considering it either

EVENTS FORUMS