Reported by CNBC-TV18 Markets, not nibnow. We are not the publisher of this story, only the source is.
A significant shift in how Indian households allocate their wealth could lead to a massive increase in capital flowing into stocks, mutual funds, and debt securities over the next decade.
BlackRock expects the share of Indian household investments flowing into capital markets to rise fourfold by 2035, with about $20 of every $100 of new household assets expected to be allocated to stocks, mutual funds and debt securities, up from $5 during 2016-25.
Capital markets provide companies with the funding necessary for growth, while household investments allow individuals to participate in economic expansion through various financial instruments.