India’s Evolving Financial Trends | Mint Explains | Mint

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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