Business of Investments
Index : 1,539 | 1Yr : -34.85% | 1Mo : +5.94%
Category : Sectoral Trackers
Min Investment : 11,070
The economic development of a country depends on a well organized financial system. The financial services sector encompasses stockbroking, asset management, wealth management, investment banking, private equity, credit rating and others. These activities are very important for the smooth functioning of advancing economies which require a healthy investment ecosystem to sustain it in the long-run. This sector aims to mobilize savings of the economy and allocate them to productive monetary assets, promote prosperity for investors and serve as a bridge between savings and investments. They also help businesses to start up, expand and compete in local and international markets.
India is a popular investment destination among the emerging market countries. The fundamental growth story combined with the ambitious government policies and agendas has instilled a renewed faith in the acceleration of India's progress as a preferred global destination to do business. The demographic structure and its long-term effects need no genius to predict the sheer scope of growth.
The financial services industry channels money flows in and out of asset classes. To a large degree it is affected by cyclical changes in the equity and commodity markets.