Wealthy Indian investors are generally moving towards capital market investments — and away from realty and FD

Shiv Gupta, Founder and CEO of Sanctum Wealth Management, is a veteran in the wealth management industry. He shares his views on the trends in the sector and the evolution and investment patterns of Indian high net worth individuals. Edited excerpts: ‘Shirtsleeves to shirtsleeves in 3 generations’ — 90 per cent of high net worth (HNW) families are said to lose their wealth by the third generation....