
Fintech platforms are increasingly attracting younger investors, particularly Gen Z, into mutual funds, capturing significant incremental flows and new Systematic Investment Plan (SIP) registrations. Data indicates a substantial rise in investors under 30 on platforms like PhonePe Wealth and the NSE. Gen Z investors predominantly favor equity-oriented mutual funds, likely due to a higher risk appetite and the influence of recent market performance. This trend signifies a notable shift in investment demographics towards a younger population.
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