India’s Richest Prefer to Invest in Real Estate and Gold.
India is a nation with huge disparity in wealth accumulated by individuals. There is huge difference in investment preference of Uber Rich when compared to HNI or middle class. According to the report by Bernstein, 60% of India’s wealthiest citizen’s assets are parked in Real estates and Gold. This Uber Rich segment of India comprises Ultra High Net Worth Individuals (UHNI). It also includes High Net Worth Individuals (HNI) and the affluent class. This group comprises only 1% of Indian households. However, they control 60% of the nation’s total assets. They also control 70% of financial assets. India’s Richest Hold…