ET Money, has released an exclusive report titled “India Investment Personality Report 2022” that looks into the minds of lakhs of investors. The insights have been drawn from their unique feature of Investor Personality assessment that assesses investors on four key parameters of risk tolerance, loss aversion, financial mastery, and overconfidence levels and draws a map of their unique investor psyche.
The assessment gives investors 8 unique Investor Personality tags that are closest to the type of investor they are. The report reveals that the majority of Indian investors are Strategizers (35%) – a type of investors who are action takers willing to take calculated risks. This is followed by Explorers (31%) – investors who are smart and, at times, overconfident risk takers.
As per the report, Indians have an average risk tolerance range between 52 and 81 which means they are comfortable taking a decent amount of risk when it comes to investing. Commenting on the release of this exclusive report, MukeshKalra, Founder and CEO of ET Money, said, “ET Money Genius, a membership service, in this case, can assist investors in understanding their investment objectives and build portfolios that are highly optimized”