Investment Opportunities for Indian HNIs
Investment Opportunities for Indian HNIs High Networth Individuals (HNIs) can be defined based on networth, investible surplus or assets of the individual. Generally, in India, person having investible surplus or liquid assets of more than Rs.2 Crores are categorized as HNIs. Individuals with investible surplus ranging from Rs.25 lacs - Rs.2 Crores are considered as Emerging HNIs whereas individuals with investable surplus of more than Rs.25 crores are classified as Ultra HNIs. As per Economic Times report, in the last five years the HNI population in India has grown by 64.10% to reach 256,000 in 2018 from 156,000 in 2014 which are majorly based in Mumbai and Delhi. HNIs are provided personalized services to manage their investment accounts as it becomes essential to understand their needs in terms of financial background, risk taking ability and willingness, market views and investment objectives. The needs of HNIs can be broadly categorized on basis of following parameters: