Stock market is attracting next generation of rich Indians investment in equity is most preferred investment

Equity investments: Investment in shares in the equity market has emerged as the most preferred investment option among India’s next generation of high networds. This information has been given in a latest report.

Night Frank’s report has shown that 23 percent of the ‘rich youth’ consider the share as their primary investment, after which 22 percent of cash and 21 percent priority. This trend is also the same globally, where 22 percent of the next generation HNWI has chosen shares as its primary investment, followed by property and cash.

Cryptocurrency and digital properties have limited priority, only 5 percent of Indian HNWI consider them to be a major investment option. Globally, this figure is slightly higher than 9 percent. Bond has gained interest of 8 percent of India’s rich young people, while 6.5 percent is interested in the world.

Night Frank’s report highlights that despite the increasing popularity of alternative investments such as cryptocurrency, venture capital and art, the younger generation still prefer traditional assets. Shares, assets and cash are the most popular investment options in all income groups.

The report also highlighted investment options on the basis of gender. Worldwide, male preference shares, while women include property and cash investment. However, both men and women of the next generation of people in India prioritize shares compared to other asset classes.

A report by Knight Frank has shown that the next generation of rich Indians is showing deep interest in luxury assets, with high-end cars and premium real estates emerging as their priorities. About 46.5 percent of the next generation in India wishes to own a luxury car, making it the most demanded asset.

Luxury houses are also a major attraction, in which 25.7 percent have expressed their desire to invest in high-end real estate. The report stated that real estate is the second most favorite luxury property among the young people of Rat. In addition to car and property, the art collection is another favorite investment, in which 11.9 percent of people show interest in buying valuable artworks.

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