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They are increasingly looking towards fractional asset investing in a bid to diversify their investment portfolios.&nbsp;In its report titled 'Gripping the Boom: Millennial in Fractional Investing', Grip Invest revealed that two-third of all investors on its platform are millennials.&nbsp;At present, Grip Invest has more than 26,000 investors, who have used the platform at least once.

Millennials turning towards new-age investment instrument fractional investing: Report 

Mutual fund industry witnessed an influx of 84.8 lakh new millennial investors in the last five financial years (FY19- FY23), cornering 54 per cent share of the new investor base, on the back of massive awareness campaigns, conducive market conditions and digital access, according to a report by CAMS.

Interesting Report By CAMS: Millennials TRUST On Mutual Funds Increased, Watch Details Here

In this how know why financial freedom is important for millennials.

Why is financial freedom important for millennials

Lack of financial awareness and inadequate focus on financial health often lead the millennials to procrastinate their financial decisions.

Personal Finance ALERT for millennials! Top money, financial and investment tips to become rich and accumulate wealth in future

Over 50&nbsp; per cent people in the age group of 18-35 years are willing to rent co-living spaces and pay up to Rs 15,000 a month in top Indian cities including Delhi NCR, Mumbai&nbsp;and Bengaluru, according to a survey by Knight Frank.&nbsp;

&nbsp;

Millenials prefer renting co-living spaces in top cities

Co-living brands are thus seeking to increase their capacities to cater to a larger chunk of millennials on the move. Gandhi says Urbanpod through its pod concept has served over 20,000 people in the last 18 months and will increase their “pods’’ or individual resting spaces, from 140 to 800.

Prefer renting cars, dresses? Now, share your living space; professionals, students drive new trend   

Similar to Bhatia's experience is that of 22-year-old student Medha Pandey. She was to rent a cobalt blue gown for her brother's sangeet ceremony from a clothing rental. The dress did arrive, but it was a tad too long for her height and of a material that appeared translucent when worn. "Despite having keyed in the right size, the dress was a mismatch in terms the right fit and was translucent. I had to discard it the last moment, and run to the nearest boutique to buy one.''

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India is home to more than 600 million young people in the age group of 18-34 years. They account for around 50% of our population. The young generation, or “millennials”, as they are often referred to, prefer access over ownership. So, what do they spend their money on?

&nbsp;

What millenials want for their money

Millennials these days are more ambitious, restless and are less afraid to take chances because of so many options at hand, a study by global predictive outbound hiring solution provider Belong has revealed. "People are hopping jobs in search of larger ownership and learning opportunities. That is also a reason why the younger generation is opting to work at startups

Millennials switching jobs fast, techies lead the way, says study 

Indian millennials have been exchanging pre-owned phones online mostly for upgrades and because they're bored. OLX CRUST survey shows the smartphone brands, price range and models the millennials were dealing with.

Indian millennials prefer used phones over new, survey finds

Indians between age group of 25-29 years are most aware about financial investments.

Indian's are big dreamers, but poor financial planners: Survey

&nbsp;In the US 57% of users matched with Hillary Clinton and 43% matched with Donald Trump, based on the issues alone

Millennials swipe right on Hillary Clinton for US President

Indian millennials to focus on tech, human skills rather than analytical ones

Indian CEOs are scared of losing their business to millennial needs

millennials

They are increasingly looking towards fractional asset investing in a bid to diversify their investment portfolios. In its report titled 'Gripping the Boom: Millennial in Fractional Investing', Grip Invest revealed that two-third of all investors on its platform are millennials. At present, Grip Invest has more than 26,000 investors, who have used the platform at least once.

Mutual fund industry witnessed an influx of 84.8 lakh new millennial investors in the last five financial years (FY19- FY23), cornering 54 per cent share of the new investor base, on the back of massive awareness campaigns, conducive market conditions and digital access, according to a report by CAMS.

Lack of financial awareness and inadequate focus on financial health often lead the millennials to procrastinate their financial decisions.

Over 50  per cent people in the age group of 18-35 years are willing to rent co-living spaces and pay up to Rs 15,000 a month in top Indian cities including Delhi NCR, Mumbai and Bengaluru, according to a survey by Knight Frank. 
 

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Millennials turning towards new-age investment instrument fractional investing: Report

Interesting Report By CAMS: Millennials TRUST On Mutual Funds Increased, Watch Details Here

Why is financial freedom important for millennials

Personal Finance ALERT for millennials! Top money, financial and investment tips to become rich and accumulate wealth in future

Millenials prefer renting co-living spaces in top cities

Prefer renting cars, dresses? Now, share your living space; professionals, students drive new trend

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