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Beyond gold & real estate, equities beckon Telugu investors
['The Hans India', 'About The Author', 'New Delhi']
Andhra Pradesh Breaking News, Telangana News, Hyderabad News Updates, National News, Breaking News
Of the 1.83 crore unique IPO applicants recorded nationally across 33 states and 785 towns, Telangana contributed 3.99 lakh (2.17%) and Andhra Pradesh 4.41 lakh (2.40%) — a combined 8.4 lakh investors already active in India’s primary markets.
Telangana logged about 10,490 applicants per million people, and Andhra Pra-desh 8,316, against a national average of 12,841.
NSE data as of July 4 shows 1.24 crore registered trading accounts from Andhra Pradesh and 61 lakh from Telangana, part of a national investor base that crossed 13 crore unique investors in April.
Gold and property offer stability, and bank de-posits offer predictability, but equities give households a direct share in business growth over the long term — a valuable complement to, not a replacement for, traditional assets.
Diversified mutual or index funds offer an even steadier on ramp for those investing for the first time.