Core Viewpoint - BlackRock CEO Larry Fink and Indian billionaire Mukesh Ambani advocate for investing in the Indian stock market over traditional gold, emphasizing that hesitation in capital markets could lead to missed wealth opportunities in the next 20 years [1][2]. Group 1: Investment Strategy - Ambani and Fink encourage Indian citizens to redirect their savings from gold and real estate, which currently account for nearly 59% of household assets, into the stock market to harness compounding effects [4][5]. - The Indian mutual fund industry, driven by retail investors, is projected to grow from ₹45 trillion in FY2025 to ₹300 trillion (approximately $3.3 trillion) by 2035, according to Bain & Company [2][5]. Group 2: Economic Outlook - Fink predicts that the next 20 to 25 years will be the "Indian era," with India expected to maintain its status as the fastest-growing major economy, with a projected growth rate of 6.4% in 2026, significantly higher than the global average of 3.3% [2][5]. - Despite recent volatility in gold and a nearly 2% decline in the Nifty 50 index this year, both leaders remain confident in the stock market's potential for growth [2][6]. Group 3: Market Participation - Domestic investor participation has increased, helping the market maintain positive returns despite foreign investors being net sellers over the past year [6]. - Investments through Systematic Investment Plans (SIPs) have doubled since 2021, reaching ₹2.89 trillion (approximately $319 billion) in FY2025 [6].
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