$1.5 trillion will change hands as India's 50-plus pass on wealth: Bajaj AMC's Ganesh Mohan
Indians over 50 hold 52% of the country's wealth, with 60% in property and gold. Over the next decade, about $1.5 trillion could move to a generation that prefers equities, mutual funds and even crypto, says Ganesh Mohan, MD, Bajaj Asset Management, at the ET Wealth Expo in Mumbai. Yet 80% of families have never discussed what their wealth is meant to do#ganeshmohan #bajajfinservamc #wealthtransfer #successionplanning #megatrends #mutualfunds #familywealth #investing #etwealthexpo