Navneet Munot, AMFI Chairman and HDFC Asset Management MD/CEO, stressed that India needs to move from being a nation of savers to investors.
He noted that a lot of Indians aren’t investing their savings properly, creating an opportunity for programs like ‘Chhota SIP.’
Munot said, “A typical Indian doesn’t look at saving as income minus expenditure. They look at expenditure as income minus savings.”