Young Indians prefer direct stock investments over mutual funds, driven by fintech influence.

A report by Fin One, an initiative of Angel One, shows young Indian adults are increasingly opting for direct stock investments over mutual funds. With 58% investing in stocks and 39% in mutual funds, the survey of 1,600 young Indians across 13 cities highlights the growing influence of fintech. Despite 93% being consistent savers, high living costs are the primary barrier to saving for 85% of young Indians.

November 11, 2024
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