Do you have any idea whether you are a millennial or not? Then let me give you a clarification. If you age between 27 to 37 years, then surely you are a millennial. There are 40.7 Crore Indians falling between the age group of 18 to 36 in the year 2016. Also, it was recorded that population of the millennial was the world’s largest at 400 million.


This group faces many challenges or issues when it comes to investment. One such issue is savings for retirement. At the starting their career they are unable to save money, but later they start developing the habit. If someone starts investing INR 10,000 per month which is saved for 20 years would give you a return of roughly 1 crore (considering interest on investment is 12%). Mostly peoples choose FD investment scheme for staring more savings.

The other issue is investing in stock market and bearing the risk. The only risk involved for investment in equities is of taxation and inflation.

Some other issues are investment in SIP mutual fund and financial planning for child. These are actually responsibilities that they need to understand properly.