Investors’ savings habits are changing, but are they permanent?
In recent decades, many Indians have been cautious of the stock market. The Harshad Mehta scam (1992), Dotcom crash (2000), and mortgage crisis (2008) have all undermined investors’ wealth and led to several bankruptcies. Mutual funds, too, suffered a significant loss when Unit Scheme 64 collapsed in 2001. A lot of investors who had put their money …