Overview
- Gold allocations among affluent Indians have risen from 8% to 15% over the past year, marking the largest shift in their portfolios.
- Allocations to alternative assets including hedge funds, private equity and cryptocurrencies have more than doubled, with Gen Z investors leading the surge.
- Average cash holdings have fallen to just 15%, the smallest proportion among Asian markets as investors seek higher returns.
- Forty percent of affluent individuals plan to increase overseas exposure over the next 12 months, with the United States, United Arab Emirates and Singapore as prime targets.
- Property investment, support for family needs and saving for personal well-being remain the top three financial priorities as confidence in meeting goals across all time horizons stays high.