The Indian stock indices have been hitting new all-time highs, leading to a belief that the domestic market is on a secular uptrend. Unfortunately, very few Indians actually stand to benefit from this rise, as the proportion of retail investors investing directly in the equity market is strikingly low at 1.8 per cent.
Even if we include managed funds, like mutual funds, pension funds and insurance plans, this figure will not exceed 4.5 per cent. Although ‘volatility’ is cited as a k ..
