Gen Z Drives Surge in Mutual Fund Investments via Fintech Platforms
3 hours agoBusiness
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Gen Z Drives Surge in Mutual Fund Investments via Fintech Platforms

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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