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'India's Equity Market is Getting Younger, Smarter and More Local'
Outlook Business
|August 2025
India’s equity landscape is evolving fast. Dhiraj Relli, managing director and chief executive, HDFC Securities, talks about factors that are reshaping investor behaviour
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Deposits to Equities
There is a clear shift of capital from low-yield deposit vehicles into market-linked instruments that drive real growth. In equities, passive vehicles are gaining traction. In the last financial year, passive funds—equity exchange-traded funds and index funds—attracted a combined ₹1.4 lakh crore in net inflows.
Local Investors Lead
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