Wealthy Indian investors pivot to diversified, resilient portfolios amid uncertainty
Wealthy Indian investors are switching up their approach, thanks to ongoing economic and global uncertainty.
Instead of chasing big profits, they're focusing on building portfolios that can handle ups and downs.
Rajesh Saluja, Co-Founder, CEO & MD of ASK Private Wealth, summed it up at the ET Alpha Wealth Summit: it's all about spreading investments across different assets and countries, keeping credit quality strong, and avoiding risky market bets.
Gold, global stocks and alternatives rise
Gold is making a comeback as an inflation shield: central banks have been buying more than 1,000 tons a year.
Investors are also adding more global stocks to their portfolios (about 10% to 15%) for better risk management.
AI infrastructure like data centers is getting popular too, with Indian companies scoring long-term contracts from global tech giants.
Plus, alternatives like REITs, InvITs, and private credit are gaining fans for their steady income potential.