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Managing Money In New Year
Business Today
|December 31, 2017
The coming year will be full of uncertainties; here is some expert advice on how you can make the best of it.
Financial assets scored over physical assets in 2017. While demand for physical gold and real estate remained subdued, the concept of systematic investment plans, or SIPs, caught the fancy of investors. Indians are collectively investing more than ₹5,000 crore in stock markets through SIP every month.
It is a welcome move considering foreign institutional investors pulled out ₹33,209 between January and November 29, while domestic institutional investors put in ₹79,865.96 crore during the same period, fuelling the rise in stock markets.
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