Fixed deposits score big over equities, MFs for investment: Sebi Survey

Fixed deposits score big over equities, MFs for investment: Sebi Survey

6 10 99
Fixed deposits score big over equities, MFs for investment: Sebi Survey 10 6 99
New Delhi: More than 95 percent Indian households prefer to park their money in bank deposits, while less than 10 percent opt for investing in mutual funds or stocks, a new Sebi survey showed Wednesday.
Mutual funds came at sixth place (9.7 percent), followed by stocks (8.1 percent), pension schemes, company deposits, debentures, derivatives and commodity futures (1 percent) as investment vehicles for the urban households.

Among the rural households, not even one percent of the survey respondents were investors, while even the awareness about mutual funds and equities was dismal at just 1.4 percent.

However, 95 percent of rural survey respondents had bank accounts, 47 percent life insurance, 29 percent post office deposits and 11 percent saved in precious metals.

On a positive note, the survey found the investor base in India is increasing as nearly 75 percent of the investors in the Sebi Investor Survey 2015 participated in the securities markets for the first time within the last five years.

The survey was commissioned in the year 2015 and got completed last year, while its results were released today by the capital markets regulator. Nielsen, a global leader in primary research, has conducted and analysed this Sebi survey.

The last survey was conducted in 2008-09.Read more:-International Database

0 comments:

Post a Comment

 
News Today in Hindi © 2015 | Distributed By My Blogger Themes | Design By Duy Templates
Top