Date of Publication :21st August 2023

Abstract: India is one of the fastest growing major economy in the world. This tremendous growth has increased the individual wealth of the public. So there is a need for effective management of the wealth to ensure the individuals are financially sound and can take care of themselves in times of uncertainties. This study first enumerates the need for wealth management due to the increasing disposable income and personal savings of the public and goes on to do an analysis on the instruments used by the public in their investments. Finally the study finds the relationship between financial inclusion index published by CRISIL every year to various factors affecting it. Financial inclusion index is a good measure of the financial literacy as only the public that is aware can be included in the financial eco system of the country. SO this study aims to find out the awareness of public wealth management.

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