Finencial Advisor

*The numbers that matter in Financial Markets*

No. of listed companies (BSE and NSE) as of Jan 15, 2024 - 5495

Demat accounts as of Nov 2023 - 13.2 Cr

Retail Investor Participation of total Mcap as of Nov 30, 2023 - 39.24%

Avg. Daily Cash Trading Volume in Fy23 - 57700 Cr

Mutual Fund AUM - Rs 50 Lakh Crores

SIPs in Dec 2023 - 17610 Cr

Src - Edelweiss (taken from Twitter)

Fantastic question!
Dear sir
What should be the ratio to invest money in different categories i.e. daily needs, emergency fund, long term savings, child education, insurance both term and health and if any others
Kindly guide
Thanks 🙏

Ans.

1. 50% expenses
2. 30% Savings (investment + some cash)
3. 10% emergency fund
4. 10% travel / passion / curiosity/ new business experiments

That's how I see it

News in shair Market