The exposure of Indian households to equity assets in their financial balance sheet is among the lowest in the world at 14 per cent, says the September 2 report by Motilal Oswal Securities. At the other extreme is the US, where the exposure to equities stands at 45.5 per cent, followed by Spain, Canada and China. The report analysed the calendar year 2019 (CY19) data for all countries except China (CY16), Taiwan (CY18) and India (FY19).
“Notably, the risk appetite of American households is the highest compared to their counterparts in several other major nations. Canada and Spain are the