IPO, mutual funds, gold or stocks? Interesting Indian Youth City Investment Trends Here

International Youth Day 2021 (Youth Investment Trends): Youth IPO investments in Ahmedabad jumped by 843.22% in the first half of this year.

International Youth Day 2021 (Youth Investment Trends): Youth IPO investments in Ahmedabad jumped 843.22% in the first half of this year. For gold investment, the highest percentage increase of 166.91% was seen in Patna! These are some of the interesting investment trends seen on the Groww platform in 2021.

According to 2021 youth investment data shared by Groww with FE Online, Pune, Mumbai, Bengaluru and New Delhi were the top cities with consistent growth over the past two years in terms of the number of young investors who started. to invest. Pune topped the list in all investment portfolios except IPO, where Ahmedabad took the lead.

Most young investors were from Pune, New Delhi, Bengaluru and Mumbai across all investment portfolios. Ahmedabad leads in IPO investments, while Lucknow leads in stocks. Kolkata spearheads investment in mutual funds while Hyderabad leads in investment in gold this fiscal year so far, according to Groww.

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Great leap of first-time investors

A steady increase in the number of new investors has been observed since 2020.

“We saw 206.08% growth in new investors in 2020 and 94.53% growth just in the two quarters of 2021, which is expected to increase significantly this year, indicating that new investors are entering the market. ecosystem,” Groww said.

The number of new investors in the 18-30 age group has steadily increased on Groww.

In 2020 there was an increase of 226.12% in the number of new investors in the 18-20 age group, while in 2021 there was already an increase of 101.65% up to today and growing.

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“This was the highest among all other age groups, indicating that millennials and younger investors are interested in building wealth at a younger age,” Groww added.

Investment trends in terms of assets

  • Equity investment trend: Mumbai has seen the highest number of young female investors while young male investors lead the pack in Pune
  • Mutual fund investment trend: Lucknow recorded the highest number of young female investors, followed by Jaipur and Ahmedabad, while Bengaluru recorded the highest number of young male investors, followed by Jaipur and Lucknow.
  • Gold investment trend: Jaipur witnessed the highest number of young female investors followed by Kolkata and Hyderabad, furthermore, Patna witnessed the highest number of young male investors followed by Jaipur and Bengaluru
  • IPO investment: Jaipur saw the highest number of young female investors, followed by Kolkata and Lucknow. Ahmedabad saw the highest number of young male investors, followed by Patna and Lucknow

Interest in female investors is increasing across all financial portfolios Female investors entering the space have also seen a surge since 2020. It showed a similar trend in 2021. According to Groww, the highest number of young female investors come from Mumbai while the largest number of young male investors hail from Pune in the current year.