Distribution of first investment route of millennials in India FY 2019-2023

Published by Sandhya Keelery, Aug 30, 2024
In financial year 2023, 72 percent of millennials in India began their investing journey with Systematic Investment Plan (SIP) and 28 percent began with a lump-sum investment. To compare, in financial year 2021 only 56 percent of the investors invested in a SIP.

Distribution of first investment route of millennials in India from financial year 2019 to 2023

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Release date

May 2023

Region

India

Survey time period

FY 2019 to FY 2023

Supplementary notes

SIP : Systematic Investment Plan

India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 2023.

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