Where do they invest?

The wealthy in India have exhibited a strong preference for tangible investments, holding more than half of their savings in physical assets like real estate and gold. Indian real estate has generated stellar returns on the back of low interest rates, strong demand and a huge influx of investment from sovereign wealth funds and west Asian investment groups, among others. According to the research, property accounts for around 43 per cent of overall household wealth.

Satya Bansal, CEO, Barclays Wealth, said, 8220;Composition of assets of wealthy Indians is increasingly shifting from physical assets to financial assets. We foresee a huge potential in the creation of financial assets, as real estate and gold still account for more than half of household wealth in India. With this, comes the need for increasing focus on financial risks and the tools to manage the same.8221;