The rise of Gen Z investors in India is a trend that is catching the eye of many. With the proliferation of user-friendly investment apps and a shift towards a mobile-first approach, young Indians are diving headfirst into the world of investing.
One such individual is Madhur Katta, a 22-year-old from Jaipur, who was initially drawn to the stock market due to the buzz surrounding it post-pandemic. Apps like Zerodha made it easy for him to navigate the market and make transactions with ease. The convenience of these fintech platforms has made investing more accessible to young people, who can now engage with the markets without the need for traditional brokers or banks.
For many Gen Z investors, the appeal lies in the potential for financial independence and the opportunity to generate profits through smart investing. Jillian Tauro, 19, started investing early on to take advantage of the power of compounding and develop a sense of financial responsibility.
However, the volatility of the market has made young investors cautious. While some choose to do their due diligence before making investment decisions, others opt for safer alternatives like Systematic Investment Plans (SIPs) to mitigate risk.
Social media and ‘finfluencers’ also play a significant role in shaping the investment choices of Gen Z. Wayne Almeida, 25, believes that following finfluencers and staying updated on market trends can be beneficial, but cautions that the information available online may not always be reliable. To protect investors, the Securities and Exchange Board of India (Sebi) has cracked down on finfluencers providing investment advice and placed restrictions on regulated intermediaries’ interactions with them.
As young Indians continue to embrace investing as a means of financial growth and independence, the role of technology and social media in shaping their decisions will only continue to grow. With a keen eye on market trends and a cautious approach to risk, Gen Z investors are carving out their path in the world of finance.
