Awareness still lags participation
Citing SEBI’s investor survey, Pandey noted a wide gap between familiarity and action. About 63 per cent of households know of at least one securities market product, yet only around 9.5 per cent take part in the markets. Among those who do invest, just 36 per cent have a moderate or high level of market knowledge. Easier access to financial products must go hand in hand with an understanding of their costs, risks, and features, he said.