Individual wealth in India grew by over 14 percent to reach Rs 392 lakh crore in FY18. This was achieved by a huge 17.42 percent wealth growth in financial assets and 9.24 percent growth in physical assets.
Indians' individual wealth grew 14% in FY18 boosted by financial assets:
Investing in unlisted equity has increased
Unlisted equity grew by 36.83 percent in FY18, this has been one of the favourite asset classes amongst HNIs. These shares are not listed on any stock exchange and not as liquid as shares listed on stock exchange. These shares are generally privately placed between the buyers and sellers and traded in the over the counter (OTC) markets.
Sandip Ginodia , Director
ALTIUS INVESTECH PVT LTD | ABHISHEK SECURITIES
We deal in over 60 unlisted companies with 15 years of experience .
For latest prices visit : www.abhisheksecurities.com/unlisted.htm / call : 09830271248 .
Email : ginodiasandip1@gmail.com
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