It is the largest-ever experiment in participatory capitalism. As India’s stockmarket has surged, households have scrambled to stake a declare in its success. With limitations to entry falling, roughly 100m individuals not far above the poverty line have turn out to be capitalists, proudly owning tiny stakes in publicly traded firms. One in 5 households as we speak holds shares, up from one in 14 simply 5 years in the past. The quantity is ready to rise additional. In accordance with India’s monetary regulator, a brand new mutual fund with a minimal month-to-month contribution of 250 rupees ($3) will quickly be launched.