Shankar Sharma questions India's equity investing boom

Shankar Sharma, a well-known investor, has raised concerns about India's growing popularity of Systematic Investment Plans (SIPs) and the belief that investing heavily in equities is a safe way to build wealth.

He argues that equities are risky and that many Indian households cannot afford to take on so much risk.

Sharma also points out that the increase in SIP investments is helping foreign investors sell their shares, which might not be good for India's economy.

While many financial experts support SIPs as a good way to invest, Sharma's views have started a debate about how much money people should invest in equities.