SIP boom vs debt surge: Is India’s middle class getting rich or over-leveraged?

India's middle class is embracing SIPs, with record contributions flowing into mutual funds. However, this financial sophistication masks a growing reliance on debt, as liabilities outpace asset growth. Many families are using credit to fund lifestyles and investments, creating a fragile financial situation despite the SIP boom.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/9unUEPd
https://ift.tt/bRipKXo

Post a Comment

0 Comments