The important numbers :

Credit in Indian Banking ( for ref: Rs 42.5 Tln, at USDINR=X at 60- it would be still $700bln )

Fixed Income (LT Savings) Bonds/ FD Rs 27 Tln or $ 450 bln

Equities  ( @ nifty 5.2K?) Rs 26 Tln or $ 432 bln

Karvy predicates the Equity component to grow to 37% of a INR 265 Tln by 2016. India is also expected to jump Germany and Japan as the Global #3 Car market by 2016 from 1mln a year to 1 mln a month? 

Anyway Equities by themselves could well be $4 Tln and while Mutual funds have got stiuck at INR 7 tln or $110 bln and even if now doubles it would be a paltry $220 bln even by current wealth management hordes. Karvy would also have unlikely counted any offshore wealth unit holdings from Indian wealth or the black money otherwise discussed threadbare yesterday in Parliament

The Insurance premium market though degrowing in the last two years in favor of LIC than the private players, is still quite twice the zize of the Mutual fund market for LIC itself, which is adding another $8bln in investments in Indian market after adding $12 bln in 2009 ( then USDINR=X at 40)

 

Posted via email from The India Investment Post