What change did market witness in last 2 years? Anil Singhvi decodes - talks about two types of new investors
While sharing his experience of how every other person has become a market participant in some or the other way, Singhvi said, The market has seen two new types of active investors - youth and women, who are mainly homemakers.
In a special edition of Editor’s Take, Zee Business Managing Editor Anil Singhvi said that a lot has changed in the last two years with respect to participation in the market. He believes, cumulative decision-making is seen in Indian families when it comes to investment and managing finances.
While sharing his experience of how every other person has become a market participant in some or the other way, Singhvi said, “The market has seen two new types of active investors – youth and women, who are mainly homemakers.”
The managing editor added that the youngsters are actively participating in equity markets and are entering into it with proper understanding after thoroughly studying it. They want to know more about the equity markets and have been taking a proactive interest in it, he further said.
Similarly, the women, who are mainly housewives, are also talking about the equity asset class and actively investing in it, Singhvi said, adding that this he learned during his recent investors’ conference in the Questions and Answers session.
He believes that the actual financial inclusion is when each family member talks about the finance, investment, and money-making options after deliberations in the family after taking cumulative decisions with consensus.
The phenomenon of broader participation in India is changing, pointed out the managing editor who said that the idea of investment through multiple instruments is reaching smaller towns too.
The Indian equity markets witnessed a massive surge in retail participation in 2021 as a record number of Demat accounts were opened during the year. The total number of registered retail investors stood at 90316090 with a whopping 55 per cent jump on an annual basis, as per the BSE data.
Similarly, Asset management companies (AMCs), riding on intense retail investors' interest and a sharp rally in equity markets, launched 176 new fund offerings (NFOs) in 2021-22, garnering a whopping Rs 1.08 lakh crore, as per a PTI report.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.