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This is a Quantitative Study study.

The Role of Financial Literacy in Shaping Household Financial Asset Allocation in India (2019–2024)

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Analysis shows increasing mutual fund and pension plan investments in households, indicating improved financial literacy and evolving risk appetite.

Household financial asset allocation shifted towards more diversified options, with increased mutual funds and pension plans.
Data reveals decreasing bank deposits and rising market-linked investments, signaling changing risk appetite.
Analysis of secondary data from RBI and MoSPI shows trends in financial literacy's impact on investments.
This shift in investment patterns highlights the need for enhanced financial education and support mechanisms.

Konnur et al. (2025) studied this question.

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View Full Paper

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Authors

Analysis shows increasing mutual fund and pension plan investments in households, indicating improved financial literacy and evolving risk appetite.

Household financial asset allocation shifted towards more diversified options, with increased mutual funds and pension plans.
Data reveals decreasing bank deposits and rising market-linked investments, signaling changing risk appetite.
Analysis of secondary data from RBI and MoSPI shows trends in financial literacy's impact on investments.
This shift in investment patterns highlights the need for enhanced financial education and support mechanisms.

Konnur et al. (2025) studied this question.

View Full Paper

Ask AI

Bookmark