Young India buys Coldplay tickets but also does SIPs: Radhika

Edelweiss' Radhika Gupta said rising SIP inflows show young India's changing risk appetite. "Fifty years ago, young India wanted to do a permanent job, today they want to do a startup. Today [they] sign up for Coldplay tickets and stand in iPhone lines," she said. They earlier did recurring deposits as their first investment now they do SIPs, she stated.