Uncovering the future of Indian wealth: KARVY's India Wealth Report

KARVY's India Wealth Report is the country's first ever detailed perspective on the growth of India's wealth. The report uncovers the future of Indian wealth, through ground breaking findings that will determine much of the investments by India's individuals over the next 3 years.

The outlook of the world towards India is fast changing. The Indian economy and financial growth is being widely seen as one of the fastest growing globally, and is becoming a preferred investment destination. Karvy Private Wealth (KPW), one of India's leading private wealth management firms, through this first of its kind Report talks about quantum of wealth available with individuals in India and its classification amongst various asset classes.

The report analyzes patterns of individual investment in all available asset classes and finds that India's individual wealth will almost double from the existing `73 lac crore to `144 lac crore in the next three years in addition to outpacing the corresponding world individual wealth growth by more than four times. The report also analyzes key trends in the Indian investment scenario and presents a bird's eye view of the likely growth avenues of different asset classes for individuals to profitably invest their wealth.

Commenting on the occasion, Hrishikesh Parandekar, CEO Karvy Private Wealth said, "Karvy Private Wealth is continuously building a distinctive platform, driven by thought leadership and innovation. We aim to equip our clients, with information and knowledge, to help them take informed decisions. With this report, we are giving our clients key insights into specific trends in India and emerging asset classes which will see huge growth over the next 3 years. Clients will now have a view into the future and can take advantage of these trends.

"The report is also a testimony to KARVY group's unmatched research capabilities and deep insights into the markets built over decades," asserts Parandekar.