• Latest
  • Trending
Bloomberg Billionaires Index: Bernard Arnault of Louis Vuitton tops the chart, Gautam Adani joins the $100 billion club again

What we can learn from India’s rich?

India raises rabi MSPs, boosting incentives for crop diversification

India raises rabi MSPs, boosting incentives for crop diversification

Coal India boosts coal supplies 12.5% to 61.20 MT in September FY27

Coal India boosts coal supplies 12.5% to 61.20 MT in September FY27

Power stocks in focus after ₹1.86 lakh crore PM-DHARA scheme

Power stocks in focus after ₹1.86 lakh crore PM-DHARA scheme

FintechOS, Tech Mahindra to deliver composable banking and insurance solutions worldwide

Tech Mahindra to consider bonus share issue in upcoming board meet

Samsung Galaxy Tab S12 Ultra and Tab S12+ deliver powerful performance and Galaxy AI

Samsung Galaxy Tab S12 Ultra and Tab S12+ deliver powerful performance and Galaxy AI

Capgemini report: Life insurers face relevance challenge as consumers seek simpler guidance

Know all about IRDAI’s proposal to tighten insurance commissions and expenses

19 IPOs set to hit the Indian market this week

Subway operator ‘EverBrands India’ files draft prospectus for Rs 600 crore IPO

JSW Cement, Shiva Cement approve merger scheme to unlock synergies

JSW Cement, Shiva Cement approve merger scheme to unlock synergies

NYMEX Natural Gas futures post second monthly gain

NYMEX Natural Gas futures post second monthly gain

Rupee holds steady as inflation eases and manufacturing outlook improves : Kedia Stocks & Commodities Research

Rupee under pressure as crude oil, US yields and FPI outflows weigh on currency

Coforge appoints Akhil Kumar Gupta as new Chairperson

Coforge appoints Akhil Kumar Gupta as new Chairperson

Moneyview IPO allotment date and how to check status

Moneyview IPO allotment date and how to check status

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Thursday, October 1, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

What we can learn from India’s rich?

in Personal Finance
Reading Time: 2 mins read
0
Bloomberg Billionaires Index: Bernard Arnault of Louis Vuitton tops the chart, Gautam Adani joins the $100 billion club again
Share on FacebookShare on Twitter

Athira Sethu

Kochi, 1 June 2026

The affluent class in India prefers privacy in regard to finances. It has been revealed by the income tax returns of the country that about 3.2 lakh Indians earn more than Rs.1 crore per year. However, according to the experts of the luxury cars’ industry, over 8.3 lakh families in India enjoy a net worth of over Rs.9 crores. Though this number seems substantial, it is actually an insignificant one when compared with the total population of 150 crore.

The affluent class enjoys immense social influence, and this is due to their small numbers. The people appreciate their success, and their accomplishments motivate others towards working hard for better income and future gains.

An important learning point that one can pick up from the wealthy concerns the handling of money. In contrast to what most people believe, there are many individuals in this category who do not concentrate on making their money grow. They rather concentrate on protecting the money they have accumulated, regardless of whether this money was acquired through inheritance or personal effort.

Ordinary investors attempt to understand the strategies used by professionals in managing financial resources. This can be achieved in part by analyzing mutual funds, which handle enormous amounts of money, with almost two-thirds being in equities or stocks. Much of this money is contributed by salary earners and other investors seeking sustainable growth.

Nevertheless, there are particular guidelines in mutual funds. For instance, the equity fund should invest primarily in stocks and cannot use the money for investing in debts. Due to those limitations, mutual fund portfolios will not fully depict the way affluent individuals manage their finances.

The right example might be a portfolio management service (PMS). Portfolio management services are meant to cater to rich people or well-off families who hire professional investment managers to operate on their behalf. Previously, one would need Rs 50 lakh or more to get access to PMS, but currently, that amount is not obligatory under certain regulations.

Today, the value of assets under management by the portfolio managers exceeds Rs 42 lakh crore. The majority of those resources is handled with discretion when it comes to making investment decisions.

However, what is interesting to note from the above statistics is the fact that by April 2026, out of all the funds managed using these programs, 84% were allocated towards investments in bonds, whereas merely 11% had been placed into stocks.

From this finding, we can learn a very important lesson – the fact that rich investors tend to prefer being safe rather than sorry, and do not risk their fortunes for greater profits.

Related Posts

UPI MDR charges explained simply

UPI MDR charges explained simply

0

Athira Sethu Kochi, 17 Sep 2026 National Payments Corporation of India (NPCI) has now announced a new regulation regarding MDR...

Indians hold on to gold as prices rise

Indians hold on to gold as prices rise

0

Athira Sethu, Kochi, 1 Sep 2026 Prices of gold have shot up in India, however, Indian consumers have not sold...

Freo expands horizons: Simplifying insurance for 25 million users in India

India Post widens Rural Postal Life Insurance for scheduled bank account holders

0

Anindita Nayak Bhubaneswar, 25 August 2026 India Post has widened the eligibility criteria for its Rural Postal Life Insurance (RPLI)...

PhonePe launches NPS contributions via Bharat Connect

National Pension System Rules 2026: 10 Key PFRDA Updates

0

Anindita Nayak Bhubaneswar, 24 August 2026 Between April and June 2026, the Pension Fund Regulatory and Development Authority issued a...

India raises rabi MSPs, boosting incentives for crop diversification
Commodity

India raises rabi MSPs, boosting incentives for crop diversification

0

DBT Bureau Pune, 1 Oct 2026 The Indian Cabinet has approved higher minimum support prices for rabi crops for the...

Read moreDetails
Coal India boosts coal supplies 12.5% to 61.20 MT in September FY27
Business

Coal India boosts coal supplies 12.5% to 61.20 MT in September FY27

0

DBT Bureau Pune, 1 Oct 2026 Amid growing power demand, Coal India Limited (CIL) augmented its coal supplies by 12.5%...

Read moreDetails
Power stocks in focus after ₹1.86 lakh crore PM-DHARA scheme
Market

Power stocks in focus after ₹1.86 lakh crore PM-DHARA scheme

0

Athira Sethu Kochi, 1 Oct 2026 Stocks of companies related to power and electricity-related infrastructure of India gained focus on...

Read moreDetails
FintechOS, Tech Mahindra to deliver composable banking and insurance solutions worldwide
Market

Tech Mahindra to consider bonus share issue in upcoming board meet

0

Athira Sethu Kochi, 1 October 2026 Tech Mahindra Ltd. was in the news on Thursday, October 1. This is because...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.