Part 7/13:
Asia: India's Bold Financial Inclusion Initiatives
India is quietly undertaking a financial revolution by introducing a new wave of small-scale mutual fund investments aimed at lower-income households. Historically reliant on cash and gold, millions of Indians are now being prompted to invest as little as 250 rupees (around $3 USD) per month into the stock market. This initiative seeks to democratize access to financial assets, unlocking vast pools of domestic capital for the country’s $880 billion mutual fund industry.