43% of Indian HNIs save less than 20% of income, many lack emergency funds

Of households with incomes of at least Rs 10 crore, 63% save more than 30%, but only 17% invest more than 30% in stocks. Even though 44% of these households claim to be “very comfortable” with equity investing, 48% of them allocate more than 30% to real estate, and 65% of them only allocate 10% to 20% to gold or silver.

Although 76% of ultra-HNIs know how much money they need to invest for a comfortable retirement, they are still not very diversified.