Game changers, disruptors, early adopters and digital pioneers – these are some of the epithets that Indian millennials sport with pride, and why not! They have been championing the cause of a more technology-driven India, setting the ground rules for the ongoing digital transformation. Market trends lie at their mercy, and they have both the power and the desire to greatly influence consumption patterns. Armed with evolved sensibilities and a global outlook, they are vastly different from the generations that preceded them in their choices and their preferences, and nowhere is this gulf more apparent than in the way they make their investments.

Making investments, the millennial way

The traditional Indian investment approach has been to opt for either low-risk, low-payout long-term instruments, such as making a recurring deposit or purchasing gold, or to go for short to medium term instruments, like mutual funds and stocks, involving higher risks but generating high returns. Millennials, however, have their own criteria for making investments, and are always on the lookout for tech-based solutions that can help them maximise their hard-earned incomes with minimal risks. This is why these digital natives comprise a large percentage of lenders on online P2P lending platforms, buyers of cryptocurrencies such as bitcoin, or investors in equity-linked savings scheme.

A growing number of millennials are also opting for investments into commercial real estate, as opposed to investments into residential properties made by their parents. But why?

Read More: Financial Express