… of investing for the long term. While it may be argued that household savings in India are high, the key question is … are being optimally invested. It is estimated that 40% of household savings are channelized into physical assets such as real estate and gold, while financial assets popularly take the form of bank …

… moved from unproductive assets such as real estate and gold to productive assets like financial securities which … population, but comprise 60% of the workforce and 70% of household income. This segment is growing rapidly. In this …