Multiplying Wealth Made Easy

Divya Palkar, 27, Event Manager, Mumbai. Palkar is a typical millennial, almost leading a paycheck-to-paycheck lifestyle. Loves indulging in the finer things; shopping, eating out, hanging out with friends eats up her salary substantially. As far as financial investments are concerned, Palkar feels she still has time to ‘start’ thinking about the future. However, she resorts to recurring deposits on and off and is ‘thinking’ of investing in equities. Millennials’ investment patterns are different. Most of them believe in living the moment and their financial investment goals are also driven accordingly. Bestowed with the largest millennial population in absolute terms globally, India is one of the youngest major economies. This young populace has significant spending power, responsible for driving consumer markets and often leading to disruptive...