‘Indian investors not shying away from taking risks’

| Updated on: May 16, 2012

Indian investors are not shying away from taking risks and are confident about the India growth story, said a global investor sentiment survey conducted by Franklin Templeton. These investors are in favour of keeping their investment money close to home.

The survey was conducted among 20,000 individuals from 19 countries (including India) that represent 70 per cent of the world GDP.

While more than half of the respondents believed that the global economy was deteriorating, about 64 per cent of respondents in India believed that the local economy was improving.

About 71 per cent were positive about the economic outlook for the next three years. More than 80 per cent said that India would be their top region for investment.

Eighty-one per cent of the Indian respondents said that they view professional financial advice as important or very important. About 73 percent said they will consider fixed income mutual funds as an alternative to traditional savings instruments.

Published on May 16, 2012

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