The video throws light on the evolution of financial services and trends in India. India is currently experiencing a significant shift in its relationship with money as the population moves towards investing in financial assets such as mutual funds, insurance, and the stock market. This transformation is driven by a rise in per capita income and an improvement in lifestyle, leading to a demand for managed investment solutions with higher post-tax yields. The Covid pandemic has also boosted investor participation in the stock market and insurance, while regulatory bodies have developed a more transparent financial ecosystem. Managed investment solutions are growing faster than bank deposits, and financial assets (other than bank deposits) are expected to reach ₹315 lakh crore in FY27 from the current ₹135 lakh crore, implying a CAGR of 18% in the next five years. With the financial services sector set to reap the benefits from this shift, the S&P BSE Financials ex Bank 30 Index offers investors an opportunity to gain exposure to the financialization of savings.
#financialindustry #financialtrend #savings #personalfinance #investments #mint
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INDIA IS THE BEST
It's a lower middle class face
Most trouble because of failure government policies.
India free from poor
Or eliminating
Vocal for local…poorest people should limit their family members less ,that good for them and country