But the question is, can they fulfil the investment needs of the current generation?Equities, mutual funds, and bonds are still frowned upon. More contemporary instruments like SGBs, InvITs, and REITs are alien to most investors.Many Indians are reluctant to explore these investment avenues. This risk-averse mindset, compounded by limited financial literacy, prevents individuals from venturing into equity markets. Instead of relying on tips or advice from others, young Indians should be encouraged to conduct their own research and make informed investment decisions in the equity markets. Platforms like StockGro have started simplifying this plunge into equity by offering easy educational resources and tools to practise risk-free in the financial markets.
Source: Economic Times May 17, 2024 13:45 UTC