Gen Z Stacking SIPs, Mutual Funds; But Maybe Bad at Insurance | Vantage on Firstpost
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India’s Gen Z is investing earlier and smarter than any previous generation, embracing SIPs, mutual funds, and digital finance with confidence. But a new Bajaj Capital report reveals a striking contradiction: while young investors excel at building wealth, many neglect the insurance needed to protect it. Most still rely on parents’ or employer-provided coverage, and nearly two-thirds admit a major health emergency could derail their finances. The findings expose a gap between financial literacy and financial preparedness, suggesting that mastering investing is only half the equation—because growing wealth is important, but protecting it is what makes long-term financial planning truly resilient.
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