No, this is not about what will happen in the future. This is more an observation of what is already happening.

• Younger people are wondering whether the MF industry is adding value
• Many investment clubs are encouraging people to invest directly in equities instead of mutual funds
• P2P lending is trying to bypass the bank
• banks are becoming irrelevant with E wallets
• many youngsters have not seen the inside of a bank
• many youngsters go to a bank once in a year for some paper work
• younger people do not like to interact much with people
• younger investors and clients are far more computer or mobile friendly
• even when they get a chance, they prefer E dealing rather than talking to bankers
• most of them have a sip because of parental nagging
• most of them are too lazy to start a new investment
• some of them do look for get rich quick schemes, but most of them are sensible too
• marriage is avoidable, but many are getting married, albeit reluctantly
• most of them are not afraid to walk out of a bad marriage, but some still worry
• they take small risks for learning – so P2P, direct equity, etc. do happen
• none of them consider gold as an investment
• most of the girls think of gold jewelery as a waste of money
• their big expenses are more like electronics and nor jewelery

please add your views!!