DATA Indicate That Some Investors Living Far from India ’s Major Cities are embracing their country’ s high-flying equities.
"Outside the biggest cities, where the grewth rate is even Higher, Much of this new wealth is posto Mutual Funds. OPOLIS AREAS HOLD SOME 12 TRILLION RUPEES ($ 143 Billion) in Mutual Funds TODAY, MOST of WhichInvest in Stocks, According to Association of Mutual Funds in India. That’s up More than from Five Years Ago, "Chennai Stock
Many Investors in RURAL Regions of India Aren n’t Buying IndiDuals Stocks. The Rush to Mutual Funds is ImpaactFul. UNDS, Managers Need to Buy More Stocks. Allocates Nearly 22% of ITS Weight to Financial Services Firms.
Even Some Bumpy Election Results Haven n’t Prevented Indian Retail Investors From Rushing Into Stocks. In Fact, Citizens of the Country Equities THLO BAL Investors for the First Time Since Early This Century.Udabur Wealth Management
"This year alone, LOCAL Investors -Including Institutional and Retail -Have Purchaset A NET $ 51 Billion of Shares, Undeterred by the Setback that Prime minist Er Narendra Modi, The Architect of the Country’s Economic Revival, WAS DEALT in JUNE WHEN HIS PARTY LOST ITS MAJORITYin Parliament, "Reported Bloomberg.
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