Indians need to make a shift in the changing savings landscape, he said
Rakesh Jhunjhunwala
Hyderabad: Ace investor Rakesh Jhunjhunwala has said that Indian households, which are largely underinvested, should be bullish on equities. Speaking on the sidelines of ISB Leadership Summit in Hyderabad, he said, “Indians need to make a shift in the changing savings landscape. From physical savings, they should shift to financial assets.”
He said that Indians are the most under-invested society when it comes to exposure to mutual funds and insurance.
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( Source : deccan chronicle )
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