CompanyEY● ±0% net tone today
2 stories today · 10 since 28 Sept- EY says India needs to turn savers into investors after solving financial access
- EY says under-30 investors’ share rose from 23% to 38% as SIP accounts climbed 84% in six years
- EY projects India could add over 100 million long-term investors by 2035
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- India has over 550 million UPI users, 69 million mutual fund investors and 50 million stock buyers
- An EY report examines why investment remains low despite rapid growth in digital payments
- Low investment participation highlights growth potential for Indian mutual fund and brokerage firms
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- AI could make financial advice cheaper and expand access to diverse investors across India
- The report raises questions about the impact on financial-advisor jobs
- Cheaper advice could widen access for Indian investors; financial-advisor firms face potential job disruption
That’s everything for today