About the Book: Diverse Investment Avenues of Middle Class : Perceptions and
Preferences
Economic development of any country is possible only through the proper capital
formation. Channelization of savings and investments is inevitable to achieve
this. The Government of India, through banks, post offices and other agencies,
has introduced several investment avenues, especially meant for middle and lower
class people. From the perspective of middle class, there are two options
available for investment. They are capital market investments and non-capital
market investments. The capital market investment includes shares, debentures,
mutual funds, UTI units, Exchange Traded Funds, Derivatives, etc. Bank deposits,
Treasury deposit schemes, chit funds of public and