TAILIEUCHUNG - PRIVATE WEALTH - WHERE DO INDIAN INDIVIDUALS INVEST THEIR WEALTH?

Energy is a major cost driver when it comes to getting water to the tap and treating wastewater, but our current system does not adequately account for energy needs when planning water-system improvements. A federal lending authority, however, could allow for drinking and clean water infrastructure investments to be coordinated with the expansion of electrical capacity required to support them. Or it could arrange for channel deepening at ports to be planned alongside the bridge replacements required to ensure new and larger freight vessels can access harbors. Bank experts would be able to actively seek out opportunities for cross-state and. | Cover KARVYIII PRIVATE WEALTH FOREWORD We are delighted to bring to you the second annual edition of the India Wealth Report . Evidently wealth in India continues to rise at an unprecedented rate outperforming most countries around the world. The happy confluence of high GDP growth and savings rate continue to contribute to the same. With equity markets slowing down in FY11 the increase in wealth has been lower than what we had forecast in our maiden edition. However we believe that growth will be back on track to keep up with the longer-term targets. Accordingly we maintain that wealth held by individuals in India will triple over the next five years In this second edition of the India Wealth Report we have provided the latest financial-year update on the status of wealth among Indian individuals. In addition we have separately attempted to bring about some fresh perspective on two very prominent asset classes in India-real estate and gold. Through this Report we enable you-the Indian HNI and the emerging HNI-to understand the dynamics of the nation s existing wealth across asset classes like equity debt and alternative assets. The Report will certainly enlighten you on where Indian individuals have so far been parking their money. That way you should be able to tell whether your portfolio is favorably or unfavorably aligned to the overall trend both in India and globally. In that regard the India Wealth Report offers comparative asset class-wise break-ups between Indian and global wealth held by individuals. Such information will offer great insights for Indian HNIs in that they will be able to comprehend where they have been under-invested or over-invested and accordingly make the necessary adjustments. For instance given that India s individual wealth in alternative assets is of our total wealth versus globally we believe that alternative assets will be a major investment avenue in India over the next few years. The key premise of many alternative .

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