So many reasons why this happened
- Bank deposits continue to be low return and rigid
- Taxation has favoured riskier assets (as it should)
- Younger population that was born with a different money mindset
- Huge regulatory clean up in favour of investors in mutual funds over the years
- Technology made markets accessible – Jio, UPI, Aadhaar link for KYC
So many reasons why this happened
- Bank deposits continue to be low return and rigid
- Taxation has favoured riskier assets (as it should)
- Younger population that was born with a different money mindset
- Huge regulatory clean up in favour of investors in mutual funds over the years
- Technology made markets accessible – Jio, UPI, Aadhaar link for KYC