“$ 1000 is spent on ASTRO applications, but only 5 crores do …”: The financial advisor says that the Indians are chasing prediction

Photo of author

By [email protected]


Online games and digital astrology direct the attention of the smartphone generation in India. From the league and electronic sports championships to the applications of consulting and virtual consulting, these platforms reeling millions. Since entertainment services and predicting in the actual time, the two financial schemes demonstrate the alert on an amazing contrast-despite the technical mutation, long-term financial planning is backward.

Gurmeet Chadha, administrative partner and CIO in Compcircle drew attention to this imbalance in a modern post on X (previously Twitter). “Dream 11, My11 Circle and other game applications 30000 CR revenues.

Chad expressed her regret for the lack of compatibility in the priorities, saying: “We want to predict the future on a daily/weekly basis, but we do not want to build our future in the long term.”

Data supports his concern. The latest data from the India Investment Funds Association (AMFI) revealed a major transformation in systematic investment plans (SIPS), with contributions of 26,632 rupees in April 2025. This represents an increase of 3 % of 25,926 rupees.

Despite the increase in contributions, the SIP suspension increased to 75.63 % for the fiscal year 2025, indicating that 514.17 cobs were stopped while 679.85 Cham was recorded. It is worth noting that the total number of shared box papers rose to 23,62,95,024 in April from 23,45,08,071 in March, which shows increasing interest in joint fund investments.

Since January, more SIP accounts have been closed – an unprecedented reflection for more than two years – in the increasing caution among retailers with the transformation of market dynamics.

Chad, which has long defended the disciplined investment, earlier suggested a different kind of SIP. He said that this should not be “unrelated to shares or joint investment funds” – instead, a voluntary monthly contribution to the National Defense Fund. His call, which was issued during Pakistani’s growing tensions, was a reminder that the financial goals are subject to discussion without national security.





https://akm-img-a-in.tosshub.com/businesstoday/images/story/202505/68284ddfeb0db-as-real-time-entertainment-and-prediction-services-skyrocket–financial-planners-are-sounding-the-al-175034151-16×9.jpg

Source link

Leave a Comment