Is small-town India shifting from gold and property to portfolios?

India’s equity cult is no longer confined to its urban metropolises. Its aspirational hinterlands are experiencing a cultural shift — emerging as keen participants in wealth creation rather than just spectators.
For Sapal Dorjee, 53, a small-business owner based in Leh, this is a journey he has lived through first-hand. Starting a monthly systematic investment plan (SIP) of Rs 2,000 in 2000, Dorjee has gradually hiked his SIP commitments. He now invests Rs 1 lakh monthly towards meeting his goal of amassing Rs 3-4 crore by age 60.
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