How they invest

Realty seems to be losing its charm with HNIs, who continue to pare their exposure to this high-growth asset class. Instead, a part of  the allocation has found its way to alternative investments such as start-up investments and venture capital, besides private equity. Allocation toward real estate has come down from its high in FY11, but it still remains a significant asset class for most HNIs after debt. What is interesting to note is that for the first time, on average, the allocation towards alternative assets, including renewable energy investments, has hit double digits at 11%, which is a six-year high. Looks like HNIs don’t mind a walk down the wild side.