Where households invest their money
/ 1 min read
Credits: Fortune India
Where households invest their money
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Indian households mainly invested in bank deposits, provident and pension funds, and life insurance funds.
Credits: Fortune India
Bank deposits have the maximum 25.5% of total financial assets of Indian households. Provident and pension funds are next with 22.7% share. Cooperatives have the smallest share of 1%. Financial assets of Indian households account for 10.8% of India’s GDP in FY22.
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